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The Mombasa Port which is the key intermodal point for road and rail trade along the Northern Corridor to Kampala, Kigali and beyond. The port recorded unprecedented growth in cargo volumes over the last ten years. Various projects and measures have been undertaken to improve port capacity and efficiency over the past few years.Past attempts […]
The Tanzania Revenue Authority (TRA) has began to train small and medium entrepreneurs involved in cross-border trade on what products they should pay duty so they could benefit from what they trade in the East Africa Community. This was revealed on Friday by the TRA’s Principal Taxpayer Service Officer, Rose Mahendeka, at the training of […]
Laws governing railway business will be reviewed to allow private individuals and companies to own wagons. The Kenya Railways Corporation Act is being reviewed to match the new business regime that accommodates partnership as a mode of enhancing efficiency in their operations, according to Kenya Railways managing director Atanas Maina. Mr Maina, who was speaking […]
The Tanzania Revenue Authority (TRA) has began to train small and medium entrepreneurs involved in cross-border trade on what products they should pay duty so they could benefit from what they trade in the East Africa Community. This was revealed on Friday by the TRA’s Principal Taxpayer Service Officer, Rose Mahendeka, at the training of […]
Uganda expects its export earnings to grow by at least 15 percent this year, helped by the removal of tariffs on sales to a regional trading bloc it joined this month, a government official said on Monday. Uganda’s exports were virtually flat last year, totalling $2.89 billion, a notch up from $2.80 billion in 2012. […]
Ugandan sugar processors are holding 50,000 metric tons of unsold stock as exporters of the sweetener face obstacles in East African markets ranging from wars to duties, the head of the industry association said. “We are stuck with big volumes of sugar,” Uganda Sugar Manufacturersâ Association Chairman Jim Kabeho said on July 11 by phone. […]
Yesterday, the Corporate Council on Africa and the Government of the Republic of Kenya presented the Doing Business in Kenya Forum, an all-day conference focused on trade and investment opportunities in one of Africa’s largest economies and the anchor nation of the East African region. Of the various initiatives which were detailed by the participating […]
East African Community members are locked in trade disputes that are blocking movement of goods within the regional market. An assessment done by a key organ of the community in May reveals that Kenya, Uganda, Tanzania, Rwanda and Burundi are struggling to balance the spirit of the Customs Union launched four years ago with shielding […]
Negotiators from the EAC and the EU will meet in Kigali later this month, hoping to finalise contentious issues that have delayed the signing of a long-term trade treaty between the two blocs. Failure to sign an Economic Partnership Agreement (EPA) by October 1 will see goods from Kenya subjected to a 12 per cent […]
Efforts to boost regional trade could be strengthened following the nomination of The East African Business Council (EABC) at the World Customs Organisation (WCO), a Private Sector Consultative Group in charge of the implementation and monitoring of customs standards and procedures. The partnership will see the two bodies work together in monitoring the progress and […]
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