Search Results for: ports

July 24, 2014

HOW NEW INITIATIVES WILL IMPROVE TRADE IN RWANDA AND EAC BLOC

Over the past few years, regional governments have stepped up efforts to improve the business environment and promote cross-border trade. This has involved building of new infrastructure and enacting new business supportive policies. These initiatives were largely responding to traders’ outcry over numerous barriers, like poor roads, delays at border posts and multiplicity of tax […]

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July 24, 2014

CARGO CLEARANCE SYSTEM TO SAVE $150M

Kenya has launched a paperless cargo clearance system that is expected to save the economy millions of dollars by reducing the time and cost it takes to move goods across the region. The rollout of the Electronic Single Window System, also known as the Kenya Tradenet System, will cement the country’s position as the gateway […]

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July 24, 2014

TANZANIA BANKS ON DRC OFFICE TO SECURE ROLE AS REGION’S TRADE HUB

Tanzania has opened an office in Lubumbashi, DR Congo, as part of a reform and expansion plan to become a port hub for the hinterland countries, and fight off competition from Kenya. The government is also keen to fast-tract the expansion of the Dar es Salaam port as it seeks to secure a geostrategic position […]

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July 24, 2014

KENYA LAUNCHES ELECTRONIC SYSTEM TO CUT TRADE RED TAPE

Kenya on Friday launched a single electronic system for processing imports and exports, to simplify red tape blamed for holding up trade in the trading hub of the region. Kenya is the main trade gateway to east Africa, through its Indian Ocean port of Mombasa, but traders say it takes too long to get goods […]

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July 24, 2014

EAST AFRICAN LEADERS LOOK TO FAST-TRACK INTEGRATION

President Paul Kagame yesterday launched Kenya National Electronic Single Window System seen as a major boost for regional trade since it will simplify clearance processes of goods. President Kagame logs in to the Kenya National Electronic Window System (Kenya TradeNet) during 5th Northern Corridor Integration Projects Summit in Nairobi yesterday. Village Urugwiro. The launch was […]

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July 24, 2014

WTO PLEDGES TO SUPPORT EAST AFRICAN INTEGRATION PROCESS

Source: Shanghai Daily World Trade Organization (WTO) on Tuesday pledged to support efforts by the East Africa Community (EAC) to accelerate integration process. Speaking in Nairobi during a meeting with Kenyan President Uhuru Kenyatta, WTO Director General Robert Azevedo said Kenyatta, also the EAC chairman, has effectively used trade to unite people and advocate peace […]

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