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THE implementation of the Single Custom Territory (SCT) is seen as a crucial move that will reduce costs of doing business and increase efficiency in East African Community customs’ services, but for the Tanzania clearing and forwarding agents it is a blessing in disguise. The SCT is one of the key regional integration priority policy […]
Members of the East African Legislative Assembly (EALA) will this week begin discussion and debate on the EAC Budget for the next financial year during their current session here. The EAC budget proposal speech, in which over $120 million is set down in estimates will be delivered by the current Chair of the EAC Council […]
Trade within East Africa is expected to receive a boost as new plans are underway to bring in Rwanda, Burundi and South Sudan into a regional payments structure, as Tanzania pushes for a cargo clearing system for the Central Corridor. Currently, the East African Payments System (EAPS) is operational in Kenya, Uganda and Tanzania. The […]
Rwanda plans to offer new incentives to attract investors in export-oriented projects in coming months under a new export strategy. It is also developing a framework to guide land allocation and infrastructure prioritization for investment. The new export strategy, still under discussion, is part of a broader plan to diversify and narrow the country’s trade […]
Many traders are now demanding that the Electronic Cargo Tracking System (ECTS) be expanded to cover the entire East African region so that they can fully enjoy the benefits of the new system even outside Uganda. This follows the successful launch of the Electronic Cargo Tracking System in Uganda after it was also effectively piloted. […]
Kigali: As a landlocked country, regional trade is an essential ingredient of Rwanda’s future economic success. Recognizing this, officials from the United States Agency for International Development (USAID) and TradeMark Africa ( TMA ) signed a $ 5.7 million Cooperative Agreement affirming their partnership under President Obama’s Trade Africa Initiative under the USAID Trade Infrastructure […]
Decision by Rwanda and Uganda to impose 75% import duty on Tanzanian rice exports in contravention of East African Community (EAC) Customs Union Protocol is under scrutiny. Responding to Tanzania’s rice exporters, the EAC Secretariat said in a statement on Thursday that: “We know the issue and that the countries are negotiating a settlement.” Under […]
Kenya Ports Authority (KPA) has launched a five-year strategic corporate scorecard and transformation plan aimed at enhancing service delivery and performance at the port of Mombasa. The new performance management system dubbed Wajibika Na Tekeleza Ahadi (Delivering the promise), is anchored on four major pillars. KPA managing director Gichiri Ndua said the pillars are customer […]
Kenya Ports Authority (KPA) workers will now be required to sign performance contracts to boost efficiency in the face of stiff competition from neighbouring ports. Managing director Gichiri Ndua on Wednesday told workers to “up their game” so that business does not shift to Dar-es-Salaam port. The Tanzanian port is expected to become more competitive […]
Full implementation of Single Custom Territory (SCT), aimed at eradicating trade barriers in East Africa, begins on July 1, the Tanzania Revenue Authority (TRA) confirmed. The SCT initiatives are under the trilateral arrangement including Tanzania, Burundi and Uganda for the central corridor and Kenya, Rwanda and Uganda for the northern corridor that was piloted from […]
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