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Joint efforts by East African Community (EAC) member States to reduce the cost of doing business in the region have received a major boost with the planned operationalisation of the Single Customs Territory (SCT) on July 1. The move also forms a major stride towards the attainment of a fully- fledged customs union in the […]
The three current and two future member states of the East African Community (EAC) – Kenya, Uganda, Tanzania Burundi and Rwanda – have signed a memorandum of understanding on currency convertibility, reports Coast Week. “The aim to reduce the cost of transactions for intra-EAC trade,” said Central of Bank of Kenya (CBK) Governor Njuguna Ndung’u. […]
The East African Business Council, the umbrella body of the region’s private sector, has asked governments in the five-member East African Community (EAC) to expedite implementations of the new WTO trade facilitation agreement. Council chairperson, Felix Mosha, made the appeal on Tuesday during a breakfast meeting with trade facilitation institutions and the business community in […]
The year 2014 has continued to register vital achievements for the East African Community integration agenda. It is a year in which we have witnessed more landmarks in the integration process than some people had probably envisaged. Most of these developments formed the agenda and resolutions of the 12th extraordinary heads of state summit on […]
South Sudan is among several East African countries earmarked to benefit from the $3.8 billion railway line network that will mainly be funded by China with a 10% contribution from Kenya. The deal, which was finalised in Kenya, reportedly seeks a rail link between its port of Mombasa and the capital, Nairobi, with the inaugural […]
President Uhuru Kenyatta has called on African leaders to work together in removing obstacles that hinder movement across the continent. He was attending the World Economic Forum on Africa hosted by Nigeria under very tight security in Abuja. The President, who was accompanied by First Lady Margaret Kenyatta, said free movement of people, goods and […]
On June, 25th 2013, Heads of State of Rwanda, Kenya and Uganda held a tri-lateral meeting in Entebbe Uganda. The outcome was agreements on several different issues dealing with regional infrastructure development, energy, trade facilitation and the East African Political Federation. During this meeting the three Partner States were allocated different jobs to speed up […]
Chinese premier Li Keqiang wrapped up his visit to Kenya on Sunday, saying the three-day trip yielded “fruitful” results. At a meeting with Kenyan deputy president William Ruto, Li said he had reached broad consensus with Kenyan leaders and witnessed the signing of a series of cooperative documents. China and Kenya are both at a […]
China and Kenya signed a co-financing deal on Sunday to build a railway linking Nairobi to Mombasa, a critical infrastructure project to boost regional trade and deepen integration in East Africa. Chinese Premier Li Keqiang said interconnection in East Africa and in Africa at large will fundamentally boost economic development of African countries. Several Chinese […]
Foreigners living in Kenya, Rwanda and Uganda will from next month get a six-month East African tourist visa under a preferential deal agreed on last week as the states sought to fully implement the issuance of a joint visa for the region. According to a report on last week’s Northern Corridor Integration Project Summit held […]
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