Search Results for: trade

July 24, 2014

KPA DISMISSES JOHO THREAT TO TAKE OVER PORT

Kenya Ports Authority (KPA) chairman Danson Mungatana has dismissed a threat by the Mombasa County to take over the management of the port. Mr Mungatana said the Mombasa port was both a national and international facility serving the country and neighbours like Uganda, Rwanda and parts of the Democratic Republic of Congo. He noted that […]

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July 24, 2014

EAC IS SET TO EXPEDITE FEDERATION

The year 2014 has continued to register vital achievements for the East African Community integration agenda. It is a year in which we have witnessed more landmarks in the integration process than some people had probably envisaged. Most of these developments formed the agenda and resolutions of the 12th extraordinary heads of state summit on […]

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July 24, 2014

SINGLE WINDOW SYSTEM PUTS KENYA IN AFRICA’S DIGITAL LEAGUE

Kenya’s National Single Window System, now known as Kenya TradeNet, was officially launched in Nairobi by Rwanda President Paul Kagame at a ceremony witnessed by leaders from six African nations in Nairobi. The system is an electronic platform that enables Kenya to clear import cargo — which is mostly destined for the neighbouring land-locked economies […]

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July 24, 2014

CLOSE THE INFRASTRUCTURE DEFICIT

Infrastructure deficit is a big problem in Africa estimated to reduce industrial production by 40 per cent and making the cost of doing business very high. Massive investment is required to finance the development of electricity, roads, railways, airports, seaports and waterways as well as ICTs. Countries, sub-regions and the continent must scale up mobilisation […]

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July 24, 2014

GOVERNMENT TO BENEFIT FROM U.S.$3.8 BILLION REGIONAL RAIL NETWORK

South Sudan is among several East African countries earmarked to benefit from the $3.8 billion railway line network that will mainly be funded by China with a 10% contribution from Kenya. The deal, which was finalised in Kenya, reportedly seeks a rail link between its port of Mombasa and the capital, Nairobi, with the inaugural […]

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July 24, 2014

UHURU TOUTS INTRA-AFRICA TRADE

President Uhuru Kenyatta has called on African leaders to work together in removing obstacles that hinder movement across the continent. He was attending the World Economic Forum on Africa hosted by Nigeria under very tight security in Abuja. The President, who was accompanied by First Lady Margaret Kenyatta, said free movement of people, goods and […]

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July 24, 2014

BREAKTHROUGH IN EAC-EU TRADE TALKS

Some progress has been made in talks on Economic Partnership Agreement (Epa) between the East African Community and the European Union. Richard Owora, the head of corporate communication and public affairs at EAC Secretariat, told The New Times that negotiations on the Rules of Origin Protocol, including the product specific rules, successfully ended on March […]

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July 24, 2014

REGIONAL TRADERS, AUTHORITIES TO DISCUSS EASE OF DOING BUSINESS

Regional business leaders and officials from trade facilitation institutions will meet tomorrow to discuss mechanisms on how to solve challenges facing business, especially cross-border trade in the East Africa region. The meeting, that takes place in Arusha, Tanzania, also seeks to create a direct link between traders and officials from regional tax bodies, bureaus of […]

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July 24, 2014

RWANDA SPEEDY ON EAC TARGETS

On June, 25th 2013, Heads of State of Rwanda, Kenya and Uganda held a tri-lateral meeting in Entebbe Uganda. The outcome was agreements on several different issues dealing with regional infrastructure development, energy, trade facilitation and the East African Political Federation. During this meeting the three Partner States were allocated different jobs to speed up […]

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July 24, 2014

LI KEQIANG WRAPS UP ‘FRUITFUL’ KENYA VISIT WITH RAILWAY DEAL

Chinese premier Li Keqiang wrapped up his visit to Kenya on Sunday, saying the three-day trip yielded “fruitful” results. At a meeting with Kenyan deputy president William Ruto, Li said he had reached broad consensus with Kenyan leaders and witnessed the signing of a series of cooperative documents. China and Kenya are both at a […]

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