Search Results for: trade

July 24, 2014

EAC PROBES RICE IMPORT DUTY DECISION

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 […]

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July 24, 2014

IMPROVING RAILWAY SERVICES IS CRUCIAL

Travelling or moving cargo by train is, on the whole, much less expensive than flying. It is also generally cheaper than water transport. Additionally, it serves the most number of people and the most cargo at a go. This makes railway services the most accessible to ordinary people, in part because trains make it even […]

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July 24, 2014

PLAN TO BOOST SERVICES AT MOMBASA PORT LAUNCHED

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 […]

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July 24, 2014

PERFORMANCE CONTRACTS PLAN FOR MOMBASA PORT WORKERS

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 […]

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July 24, 2014

AFRICA MUST ACCELERATE INTEGRATION TO PROMOTE TRADE AND INDUSTRIALIZATION

African countries should accelerate integration to promote trade and industrialization by changing mindsets, participants at a meeting on trade said on Tuesday, May 20 in Kigali. Participants at the African Development Bank Group’s Annual Meetings session on “Facilitating Africa’s Trade” agreed that changing mindsets would enhance integration, create economies of scale and promote industrialization that […]

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July 24, 2014

EAC TO PROVIDE MARKET FOR GOODS – OPARANYA

KAKAMEGA Governor Wycliffe Oparanya has said the East African Community common market will make it possible for farmers in the former Western province to sell their products in the region and South Sudan. Oparanya said free movement of people and labour across the region as enshrined in the common market protocol will create employment and […]

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July 24, 2014

COUNCIL. EA TRADE BARRIERS SET TO END WITH SCT TAKE-KANDA

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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July 24, 2014

AFRICAN PRODUCTS TOO SIMILAR TO THRIVE IN INTRA-REGIONAL MARKETS – KANIMBA

Homogeneity of products from most African markets has been cited as one of the challenges holding back the growth of intra-Africa trade. The majority of African producers and exporters deal in similar products reducing the chances of trading between each other. This forces them to import from markets outside Africa. This was said by the […]

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July 24, 2014

INVESTORS WARNED ON EAST AFRICAN MARKET

East Africa is increasingly emerging as an attractive investment destination partly because of the economic integration of five states, bringing together more than 130m people, vast amounts of natural resources and agricultural land. Jonathan Yach, CEO of Broll East Africa The East African Community (EAC), a federation of Kenya, Uganda, Tanzania, Rwanda and Burundi, has […]

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July 24, 2014

REGIONAL TRADE NEEDS STANDARD GAUGE RAILWAY, SINGLE WINDOW TO WORK IN HARMONY

The reality of the standard gauge railway (SGR) was highlighted when the Prime Minister of China and the President of Kenya put pen to paper in the presence of regional presidents at a State House event. The Government’s commitment to bringing positive reform in the trade logistics industry is, therefore, not in doubt. About two […]

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