Search Results for: trade

July 24, 2014

REGIONAL TRADE UNIONS WANT COMMON WORK PERMIT FORMULA

The East African Trade Union Confederation (EATUC) and the East African Employers Organization (EAEO) are pushing for a uniform process in acquiring work permits in the Community. Meeting in Arusha last week, the trade unionists met during their Second Regional Forum Meeting ahead of the EAC Summit. Representatives of employees and employers association said a […]

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July 24, 2014

UHURU URGES PRIVATE SECTOR TO BRIDGE AFRICA’S INFRASTRUCTURE DEFICIT

President Uhuru Kenyatta has urged the private sector to exploit investment opportunities in the infrastructure sector to bridge the deficit in the continent. He said resources from the private sector could supplement Governments’ efforts and accelerate infrastructure projects , adding that the rewards would not merely be commercial but also radically transform ordinary African lives. […]

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July 24, 2014

NON-TARIFF BARRIERS SLOW TRADE

Trade within East Africa is still facing the burden of Non-Tariff Barriers (NTBs) despite promises from EAC member countries to ensure easy flow of goods across the borders. Non Tariff Barriers have had a huge impact on Intra-EAC trade which has remained low at $4.5 billion accounting for only 12% to 13% of trade in […]

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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

RWANDA TO START NEW JOB PLAN

Unemployment in Rwandans between 16 and 34 years will be addressed through the new National Employment Programme (NEP). Rwf. 12 billion (about $17 million) will be invested in implementing NEP. The priority is young people and women NEP is scheduled to take off during the next fiscal year. “NEP will help the country reach set […]

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July 24, 2014

US PRAISES ETHIOPIAN GROWTH

United States Secretary of State, John Kerry has praised the rapid economic development underway in Ethiopia. He was in Addis Ababa last week to have talks with Prime Minister Haile Mariam Desalegn on several bilateral and regional issues, including the conflict in South Sudan. “I think it’s fair to say that Ethiopia, in terms of […]

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July 24, 2014

JUBA REQUESTS MORE TIME IN BID TO JOIN EAC

The escalation of fighting between government forces and those loyal to former vice president turned-rebel Riek Machar in South Sudan is among the reasons that Juba sought a postponement of a decision on its bid to join the East African Community in a meeting held in Arusha last week. EAC presidents attending the Extraordinary Heads […]

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July 24, 2014

KENYA LAUNCHES ELECTRONIC ‘SINGLE WINDOW’ SYSTEM

Kenyan President Uhuru Kenyatta launched a “National Electronic Single Window System,” which aims to facilitate trade with other East African states, at Friday a ceremony attended by the leaders of several neighboring countries. The system aims to remove impediments to trade between Kenya and other East African countries, which have adversely impacted Kenya’s business environment. […]

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July 24, 2014

EAC STATES TOLD TO EXECUTE TRADE SYSTEM

President Uhuru Kenyatta has called on East Africa Community member states to fast track implementation of electronic single window system to boost regional trade. Speaking at the Safari Park Hotel yesterday during the launch of the Kenya National Electronic Single Window System, Uhuru said the system will strengthen integration envisioned under EAC. “This launch marks […]

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July 24, 2014

MUSEVENI RECEIVES AWARD FOR PROMOTING TRADE

President Yoweri Museveni has received an award for promoting trade in East Africa from The Shippers’ Council of East Africa. The Chairman, Kenya Manufacturers’ Association, Polucar Igathe, on behalf of the East African Business Community, presented the award to President Museveni at Safari Park Hotel in Nairoi-Kenya. The ceremony took place Saturday during the 5th […]

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