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The Council of Ministers under the East African Community (EAC) have proposed an imposition of a levy on air tickets purchased in the five member countries as part of a raft of measures tailored to raising revenue necessary to scale down the community’s donor dependency for its budget. In the current financial year, the secretariat […]
As the trade delegation from Kenya accompanied the President to Nigeria this week, manufacturers are upbeat about the efforts by government to open new markets in the African region. Oil rich Nigeria is now the largest economy in Africa with a gross domestic product (GDP) of about $490 billion and a population of over 168 […]
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 […]
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. […]
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 […]
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 […]
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 […]
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 […]
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 […]
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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