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Chief executives of microfinance institutions in the region will next week, December 8-9, converge in Kigali to discuss ways on how to improve the sector in the East African Community (EAC) bloc. The East African Microfinance Network (EAFMNET) CEO roundtable will be the first of its kind. It will be held under the theme, “The […]
Regional business council, with assistance from ITC, successfully pushes for implementation of services trade liberalization measure Cooks, accountants, and other services-sector workers in East Africa will soon be able to easily work across national borders in the region, thanks to the approval of a position developed by the East African Business Council (EABC), with assistance […]
The level of optimism is high among co-operatives in East Africa, in light of the ongoing East African Community (EAC) Co-operative Societies Bill 2014 being pushed to be enacted into law. The bill, being advanced by the regional members of Eastern Africa Farmers Federation (EAFF), seeks to realise and enhance the engagement of the co-operative […]
Tanzania’s senior official at the permanent mission in Geneva, Switzerland, Prisca Mutani, has said that the Trade Facilitation Agreement (TFA) as a legally binding pact is not balanced in a manner consistent with the development agenda. In her presentation paper at the Third Regional Meeting of the PACT EAC Project in Bujumbura, Burundi, Mutani said […]
Traders are losing millions of francs through non-tarrif barriers (NTBs) along the Northern and Central corridors, a new survey has revealed. According to a survey by the National Monitoring Committee on NTBs and East African Community, some partner states have not done much to eliminate NTBs, which is hurting business growth. “The slow pace at […]
TradeMark Africa, the non-profit organisation that has been spearheading trade integration across the bloc, has invested about $100 million (Sh8.91 billion) in the upgrade of one-stop border posts. It said Friday that this will ease cross-border trade and improve business competitiveness by reducing the time spent to clear cargo on transit. So far, construction at […]
Contrary to earlier fears that Kenya would dominate its neighbours in a liberalised regional market, figures show a growing trend towards more balanced trade. While Kenya retains its industrial advantage, earlier policies of import substitution and protectionism adopted by Uganda and Rwanda plus an open trade regime have led to more balanced trade. The two […]
TradeMark Africa recently held a one day training for her partners, private sector and civil society organisations which included: Uganda Shippers Council (USC), Uganda Small Scale Industries Association (USSIA), Private Sector Foundation Uganda(PSFU), Uganda Tourism Board(UTB), Southern and Eastern African Trade, Information and Negotiations Institute (SEATIN) , iCON Enterprise Foundation and African Women’s Economic Policy […]
Beverages such as mineral water, soft drinks and beer have been added onto items to be cleared under the Single Customs Territory system, a regional initiative meant to speed up the clearance of goods and quicken revenue collection. Other goods that have also been cleared under the system include; wines, spirits and plastics. “Beginning June […]
The Ministry of Trade Industry and Cooperatives is ready to launch the information exchange facility, a mobile platform that will allow business people to report on real time non-tariff barriers (NTBs) to relevant authorities. The service is expected to start this month. Under the National Response Strategy on Elimination of Non-Tariff Barriers (NRSE-NTBs) project, the […]
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