Kampala, Uganda | THE INDEPENDENT | Kenya has again appealed to Uganda for a joint strategy on accessing the European market through the stalled EU/EAC Economic Partnership Agreement (EPA). Kenya also wants to partner with Uganda in negotiating a trade deal with the US as the the AGOA, the American Growth …
Read More »EAC businesses not ready for continental free trade area – Experts
Kampala, Uganda | THE INDEPENDENT | Business leaders and experts have cast doubt on whether the East African Community will benefit from the African Continental Free Trade Area, AfCFTA, that took effect January 1 this year. The AfCFTA is a trading arrangement supported by 54 African countries to create a single …
Read More »Investors in extractive sector don’t need incentives- tax expert
But government technocrats disagree saying there are objectives in doing so Kampala, Uganda | ISAAC KHISA | Investments in the extractive sector has become the next big thing in the East African region but there are concerns that the governments could extend huge tax incentives like they have done in …
Read More »East African Community adopts plan to create peace, security platform for youth
Arusha, Tanzania | Xinhua | The East African Community (EAC) has adopted a framework for establishing a regional youth peace and security platform aimed at broadening their participation in the region’s security matters, the regional bloc said in a statement on Monday. The statement issued by the EAC headquarters in Tanzania’s …
Read More »Uganda Rwanda relations
The forgotten feud awakens? Kampala, Uganda | IAN KATUSIIME | Ten years after President Yoweri Museveni and his Rwandan counterpart Paul Kagame starred in high profile reconciliation, there seems no path to making peace again after two years of border closure. Instead, new tensions could flare up. In July, Rwanda …
Read More »Record gold imports tip Uganda-Tanzania balance of trade
Uganda imported gold from Tanzania worth $591 million , which is more than half of all imports from the country and five times more than all that Uganda exports there Kampala, Uganda | THE INDEPENDENT | Uganda and Kenya have lost their balance of trade surpluses to Tanzania over the …
Read More »EAC urges Kenyan, Tanzanian investors to boost cross-border trade
Nairobi, Kenya | Xinhua | The East African Community (EAC) on Wednesday called on Kenyan and Tanzanian investors to take advantage of bilateral engagements between partner states to boost cross-border trade. Peter Mathuki, secretary-general of EAC said that Kenya’s imports from Tanzania between January and June grew by about 70 percent …
Read More »VACCINES: EAC pushes for joint COVID-19 strategy
Nairobi, Kenya | THE INDEPENDENT | The East African Community has stepped up efforts to ensure the region starts manufacturing its own COVID- 19 vaccines, jointly. This comes as individual countries are battling the pandemic largely separately, with each having their own approach to vaccines. The EAC Secretariat says that …
Read More »Investors urge East Africa to liberalize air transport services to boost trade
Liberalization of air services in the EAC region will increase traffic volumes, improve connectivity and lower air transport fares Nairobi, Kenya | Xinhua | The East African Business Council (EABC), a regional trade lobby, on Wednesday urged the East African Community (EAC) partner states to liberalize the air transport services …
Read More »Tanzania onboard with EAC Information Portal
Arusha, Tanzania | THE INDEPENDENT | Four of the six East African Community (EAC) countries now have fully operational Trade Information Portals, TIPs, following the launch of another by Tanzania. Uganda, Kenya and Rwanda already have operational portals, while the Burundi TIP is still under development and is expected to …
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