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An ongoing privatization of berths and cargo handling at the port of Mombasa will pass through lower transactional costs to consumer goods imported once complete in under a year. The resulting efficiency will also boost margins of goods exported via the port, according to TradeMark Africa, a non-profit organisation helping in the ongoing East African […]
The Single Customs Territory, whose major objective is to overcome the hurdle of slow and costly movement of goods and services and also improve the business environment in the region, is yet to be fully operational even after the lapse of the July 1 deadline. In the Northern Corridor comprising Kenya, Uganda and Rwanda, the […]
Local and regional traders using the Tanzania–Burundi border post will no longer spend much time crossing when the two countries start, under pilot basis implementation, the One Stop Border Post (OSBP) in Kabanga-Tanzania and Kobero—Burundi. Under the OSBP, services will be harmonised with incoming traffic jointly cleared by officers from both countries from one side […]
Importers and businesses in Rwanda and the rest of the Northern Corridor can soon expect timely and efficient services at the port of Mombasa, following the signing of the Mombasa Port Community Charter by Kenya and the regional public and private agencies involved in port affairs. The charter, signed earlier this week at the port […]
Importers and exporters will benefit from a new system put in place by the the Kenya Revenue Authority’s Customs Services Department. Dubbed ‘Authorized Economic Operators’, it gives operators preferential treatment in the processing of transactions. According to KRA southern region senior assistant commissioner Fatma Yusuf, players must be compliant with the Kenya Revenue Authority procedures […]
The EAC Regional Programme for Sensitization of Border Communities commenced 24 June 2014, at Rusumo town which sits at the border of Rwanda and Tanzania. The programme’s overall objective is to raise awareness among cross-border communities within the EAC region, with particular focus on small scale traders to enhance their understanding of the EAC integration […]
Rwanda and Uganda have signed a consultancy services contract for the preliminary engineering design of the Kigali-Kampala standard gauge railway. The deal is a step forward following a decision by three East African Community partner states-Uganda, Kenya and Rwanda-to enter a tripartite arrangement to fast-track integration projects . The proposed standard gauge railway, to be […]
TANZANIANS need to dump their inferiority complex as the integration process in East Africa gathers pace towards monetary union because the country is set to become a leading economic powerhouse in the region. This is a general view shared here on Sunday at a seminar for Members of Parliament (MPs) on the Protocol to establish […]
Trade is an excellent kindle for igniting growth, jobs and socio-economic gains. For this to occur, trade has to be effectively harnessed and sustainably exploited. This requires market information, trade intelligence, skills upgrade, productive capacity and an enabling business environment. In many respects, these elements are ‘Business 101’ of what any economy needs to grow […]
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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