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NAIROBI, KENYA: A parliamentary committee has proposed constitutional amendments to enable the proposed East African Community Monetary Union ( EAMU) work. In its October report, the committee on Regional Integration states that there would be need to amend the Constitution of Kenya to conform to the provisions of the EAMU protocol by the year 2021. […]
The 21st Meeting of the Sectoral Council of Ministers responsible for East African Community (EAC) Affairs and Planning (SCMEACP) is currently underway in Kigali, Rwanda. The meeting is being held through the session of Senior officials from October 27 to 29; the session of Permanent/Principal Secretaries from October 29 to 30; and the Ministerial session […]
A committee of ministers from three trade blocs covering East and Southern Africa has agreed on a common free trade area, which will be officially announced in mid-December. The tripartite FTA will bring together the East African Community, Common Market for Eastern and Southern Africa and the Southern African Development Community, forming the largest trade […]
A key parliamentary committee has endorsed the protocol laying the foundation for a monetary union that will see the five East African countries converge their currencies and increase commerce. The Committee on Regional Integration last week permitted the protocol, which was signed last year by the leaders of the five countries, and is asking Parliament […]
BUJUMBURA, Oct. 25 (Xinhua) — Delegates from 26 countries of three regional African economic blocs on Friday began a two-day meeting here to spearhead the African Free Trade Area (FTA). The regional bodies are the East African Community (EAC), the Common Market for Eastern and Southern Africa (COMESA) and the Southern African Development Community (SADC). […]
Nairobi – 27 October 2014 TradeMark Africa (TMA) and the Kenya Tourism Federation (KTF) have today signed a Kshs 9million grant agreement that seeks to support the Kenya tourism industry take advantage of the opportunities created with the signing of the single tourist visa. In attendance was Dr. Chris Kiptoo, TradeMark Africa (TMA) Kenya Country […]
Lusaka- Can regional integration succeed among three economic blocs of the Southern Africa Development Community (SADC); the Common Market for Eastern and Southern Africa (COMESA) and East African Community (EAC) to form one single market? This is the debate buffeting the three groupings that are seeking to integrate into a single market in order to […]
EAST African Community (EAC) member states are hopeful their envisaged monetary union will not experience problems that befell the Eurozone, as they will establish an early warning system and a stabilization facility to ensure economic resilience in partner states. The EAC member states are set to establish a monetary union over a period of ten […]
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. […]
Observers have said that trade within the East African Community has improved tremendously as the regional integration within the bloc has spurred the movement of goods and services across the borders. Speaking to The Observer recently, Isaac Shinyekwa, a trade and integration research fellow at the Economic Policy Research Centre (EPRC), said trade in the […]
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