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Kenya: Container traffic through Kenya’s biggest port grew 12.8 per cent in the first six months of this year. This is after the Government built new cargo handling facilities to shorten the turnaround time for ships. Overall cargo volumes handled by Mombasa Port grew from a slight drop last year largely due to anxiety in […]
Rwandan exports to the East African Community (EAC) countries significantly grew in the first half of this year despite a poor showing in the global markets. The Governor of National Bank of Rwanda, John Rwangombwa, revealed this while presenting the biannual monetary policy and financial stability statement today. Exports to the EAC amounted to $97.8 […]
TANZANIA International Container Terminal Services (TICTS) has received new equipment to enhance efficiency in clearing cargo at the Dar es Salaam port. A statement issued in Dar es Salaam on Friday by TICTS Chief Executive Officer (CEO), Mr Paul Wallace said that equipment received include two Panamax Quay Cranes (QC) and seven 1-over-6 hybrid Rubber-Tyred […]
Kenya’s Mombasa port may handle 5 percent more cargo this year and construction of a second container terminal at East Africa’s busiest seaport is running ahead of schedule, according to the state-run harbor authority. Throughput may climb to 23.5 million metric tons in 2014 from 22.3 million tons last year as a result of “an […]
Delays caused by inefficiencies at Dar es Salaam port will soon be eliminated as Tanzanian government embarks on new initiatives to ease the clearance of transit goods at the port, a top official has said. Dr Harrison Mwakyembe, the Tanzanian Transport minister, said plans are underway to modernise the port’s berths and construct more four […]
Exports to the East African Community (EAC) countries significantly grew in the first half of the year despite poor performance in the world market, the central bank has said. In the latest Monetary Policy and Financial Stability Statement, released yesterday in Kigali, the National Bank of Rwanda said exports to the EAC amounted to $97.8 […]
Tourism Secretary Phyllis Kandie has expressed concerns over Kenya‘s dependence on European markets. She said Kenya exports 60 per cent of its produce to Europe and 26 per cent to East African Community countries. “We intend to diversify our export market to include the Middle East and India. We should increase our export value to […]
In a new series of guest articles on the negotiations underway to agree a set of Economic Partnership Agreements (EPAs), Godfrey Ssali from the Uganda Manufacturers Association explains what is behind the current deadlock between the East African Community (EAC) and the European Union (EU). The EAC partner states also belong to the African, Caribbean […]
KIGALI, Rwanda – Rwanda aims at increasing exports by 28% in the next five years This was said by the Minister of Trade and Industry Francois Kanimba during the recently concluded National Exporters’ Conference that took place at the Kigali Serena hotel. “This conference is based on the conclusions reached during the March 2014 meeting […]
Kenya and Egypt are headed for a trade dispute that could affect the former’s tea exports following allegations that Cairo is importing sugar from Brazil and exporting it to Kenya as its own after repackaging. The two are among the 19 members of the Common Market for Eastern and Southern Africa’s Free Trade Area, where […]
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