Tag Archives: eac

The spending plan comes at a time the COVID-19 pandemic has ravaged economies through lockdowns | THE INDEPENDENT | The East African Community has tabled before the East African Legislative Assembly a US$91.7milion proposed budget for the Financial Year 2021/22 compared with US$97.6 million in the Financial Year 2020/21, with a …

Is Tshisekedi dangling an economic deal for non-economic reasons? Kampala, Uganda | RONALD MUSOKE | Felix Tshisekedi has been busy on the regional integration front since he became president of the Democratic Republic of Congo two years ago. But he has particularly been busier this year. On June 25, President Tshisekedi …

Kampala, Uganda | THE INDEPENDENT | Kamuli Woman MP Rebecca Kadaga was sworn in as an ex-officio member of the East African Legislative Assembly (EALA) in Arusha, Tanzania. Kadaga will sit in the East Africa Community (EAC) Council of Ministers, the central decision-making and governing organ of the EAC. In the …

Kenya charges 16% VAT while the rest impose 18% on products produced within their countries | THE INDEPENDENT | Uganda’s finance ministry and Uganda Revenue Authority executives have agreed that there is need to centralize collection of revenues within the East African Community. This, they say, will play an important …

Kampala, Uganda | THE INDEPENDENT | The East African Community-EAC Council of Ministers has tabled the budget estimates for the 2021/2022 financial year totaling US$91,784,296. The budget theme: Economic Recovery through Industrialization and Inclusive Growth, aims to focus on the policymakers, implementers and legislators at a time the COVID-19 pandemic had …

Experts, government suggest ways to easing trade among partner states Kampala, Uganda | JULIUS BUSINGE | There is a growing concern amongst the business community that the COVID-19 lockdown measures are a danger to business activities, and if not carefully eased, could make the situation worse going forward. This is …

Experts say regional body is ‘club of suspicious people’ Kampala, Uganda | RONALD MUSOKE | President Samia Suluhu Hassan of Tanzania’s recent call for the evaluation of the East African Community legal instruments to reflect current times has elicited mixed reactions among regional analysts. When President Suluhu recently met top …

Fallen economist and statistician hailed as tireless advocate of the business community OBITUARY | IAN KATUSIIME | Covid19 continues to claim some of Uganda’s most impactful minds. Gideon Badagawa, executive director of Private Sector Foundation Uganda (PSFU), succumbed to coronavirus on the early morning of June 21 at Mulago Hospital, …

Manufacturers, experts want government to put in place protective measures | THE INDEPENDENT | How can Uganda take advantage of regional markets to boost economic activities? How best can the private sector work with government to tap into business opportunities in the East African region and beyond? These are pertinent …

Kampala, Uganda | THE INDEPENDENT | The Ministry of Finance, Planning and Economic Development and the Uganda Revenue Authority have agreed that there is a need to quickly centralize the collection of government revenues within the East African Community. Article 32 of the EAC Common Market Protocol provides for the harmonization …