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Uganda and Rwanda have saved up to $469 million in the cost of clearing goods since the East African Single Customs Territory (SCT) was rolled out at the port of Mombasa in January. An EAC ministers’ report from last week’s 5th Northern Corridor Integration Projects Meeting held in Nairobi shows that the clearance time for […]
President Uhuru Kenyatta has called on African leaders to work together in removing obstacles that hinder movement across the continent. The President said free movement of people, goods and services would increase intra-Africa trade and help the continent achieve its development targets. “Lack of political will and negative perception should not be allowed to undermine […]
The Council of Ministers under the East African Community (EAC) have proposed an imposition of a levy on air tickets purchased in the five member countries as part of a raft of measures tailored to raising revenue necessary to scale down the community’s donor dependency for its budget. In the current financial year, the secretariat […]
Over the past few years, regional governments have stepped up efforts to improve the business environment and promote cross-border trade. This has involved building of new infrastructure and enacting new business supportive policies. These initiatives were largely responding to traders’ outcry over numerous barriers, like poor roads, delays at border posts and multiplicity of tax […]
Kenyan President Uhuru Kenyatta launched a “National Electronic Single Window System,” which aims to facilitate trade with other East African states, at Friday a ceremony attended by the leaders of several neighboring countries. The system aims to remove impediments to trade between Kenya and other East African countries, which have adversely impacted Kenya’s business environment. […]
President Uhuru Kenyatta has called on East Africa Community member states to fast track implementation of electronic single window system to boost regional trade. Speaking at the Safari Park Hotel yesterday during the launch of the Kenya National Electronic Single Window System, Uhuru said the system will strengthen integration envisioned under EAC. “This launch marks […]
President Yoweri Museveni has received an award for promoting trade in East Africa from The Shippers’ Council of East Africa. The Chairman, Kenya Manufacturers’ Association, Polucar Igathe, on behalf of the East African Business Community, presented the award to President Museveni at Safari Park Hotel in Nairoi-Kenya. The ceremony took place Saturday during the 5th […]
The World Bank has approved a $300 million loan to improve the rail network in Tanzania between Dar es Salaam and Isaka. The funds will be used to improve the deteriorating rail infrastructure on the route in an effort to create a reliable service. A World Bank statement describes the project as “a necessary first […]
East African Community (EAC) leaders met for the 5th Northern Corridor Integration Projects Summit in Nairobi during which they agreed on a wide range of issues, which if implemented, will not only take the bloc’s integration to another level but will have a significant impact on the lives of the ordinary East Africans. The inauguration […]
President Paul Kagame yesterday launched Kenya National Electronic Single Window System seen as a major boost for regional trade since it will simplify clearance processes of goods. President Kagame logs in to the Kenya National Electronic Window System (Kenya TradeNet) during 5th Northern Corridor Integration Projects Summit in Nairobi yesterday. Village Urugwiro. The launch was […]
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