Search Results for: trade

July 24, 2014

SH2B BOOST TO SECURITY SYSTEM AT MOMBASA PORT

Kenya Ports Authority (KPA) has so far spent $27 million (Sh2.35b) to install security system at the port of Mombasa. KPA chairman, Mr Danson Mungatana said recent changes in International Maritime standards have created the need to assess and improve the status of security in the Kenyan ports. He said it is imperative that the […]

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July 24, 2014

RAIL CARGO MOVEMENT BETWEEN MOMBASA, KAMPALA TO INCREASE

Uganda is set to transport more cargo by rail as the capacity to convey heavy cargo has been developed. Twenty rail wagons have been imported from the US to increase heavy cargo movement between the port of Mombasa and Kampala. Rift Valley Railway (RVR), the company that operates the Kenya– Uganda railway, has begun carrying […]

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July 24, 2014

UGANDA DEVELOPS SMS SERVICE TO REPORT TRADE BARRIERS

Uganda has developed an information exchange system that will allow East Africans to report non-tariff barriers (NTBs) via a short message service on their mobile phone. Sam Watasa, lead adviser on Uganda’s national response strategy for the elimination of NTBs said that the system, set up at a cost of $100,000, will provide a clear […]

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July 24, 2014

‘Easing Movement of Goods, Services within Africa critical’

There was a collective consensus among African leaders on the topic of mobility in Africa, as well as the importance of efficient border and visa policies. We have seen good follow-up particularly in East Africa and it is imperative to continue to work on the border and customs environment to grow intra-Africa trade. The forum […]

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July 24, 2014

KPA BETS ON NEW RAILWAY TO EASE PORT CONGESTION

The Kenya Ports Authority is banking on the standard gauge railway (SGR) to offer a lasting solution to container congestion at the Mombasa port. KPA chairman Danson Mungatana said the new railway would come in handy as the container capacity at the port is expanded from 900,000 containers to 2.1 million by 2016. The construction […]

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July 24, 2014

GOVERNOR, THIS PORT BELONGS TO ALL KENYANS

Mombasa Governor Ali Hassan Joho may have been speaking in jest when he threatened to mobilise the county residents to forcibly take over the Kenya Ports of Authority if a law was not be passed to allow it to share its revenue with the county. What Mr Joho may not have understood was that the […]

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July 24, 2014

CHINESE PREMIER LI KEQIANG’S VISIT TO AFRICA: A (RAIL)ROAD TO SUCCESS IN SINO-AFRICAN RELATIONS?

On Monday, Chinese Premier Li Keqiang concluded his eight-day, four-country tour of Africa. His visits to Ethiopia, Nigeria, Angola and Kenya focused heavily on expanding economic ties with the continent and resulted in dozens of agreements on trade, energy, investment and development. A highlight of his trip was his appearance at the World Economic Forum […]

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July 24, 2014

EAC LAUNCHES SINGLE TOURIST VISA IN S.AFRICA

The East African Community (EAC) has launched its single tourist visa in South Africa. The new cross-border travel permit was unveiled on Monday by ministers, high commissioners and tourism officials from Rwanda, Uganda and Kenya during the Indaba Annual Travel show in Durban, South Africa, a statement from the Ministry of East African Community Affairs […]

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July 24, 2014

STANDARD GAUGE RAILWAY PROJECT MAY BECOME A GAME-CHANGER IN THE FUTURE

The Chinese are not Santa Claus. The deals we have signed with them are loans, which we will have to repay. But I must admit I admire the way these deals are arranged, especially the time-frames and project completion dates. As it is, if things go according to plan, we will have a completely new […]

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July 24, 2014

RE-EXPORTS TO EAC HIT A NEW HIGH THIS YEAR

Foreign goods ordered by Kenyan traders for resale in region have risen sharply in the first quarter of the year amid dropping Indian Ocean piracy and improvement in cargo clearance. Official data shows that trade in re-exports — foreign goods that are imported to be exported again — stood at 11.3 billion in the first […]

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