TradeMark East Africa invests US$117 bn in customs facilities Kampala, Uganda | JULIUS BUSINGE | Doing business in East Africa has improved in the recent years with the operationalization of the One Stop Border Points (OSBP). TradeMark East Africa (TMEA), through funding from UK’s Department for International Development (DFID) and Global …
Read More »Museveni, EU boss Jean-Claude Juncker discuss EPA
Kampala, Uganda | PPU | President Yoweri Museveni has met the European Union (EU) Commission President Jean-Claude Juncker and presented a raft of concerns raised by East African Community (EAC) member states on the Economic Partnership Agreements (EPA). Leading a delegation of EAC trade ministers to the meeting at the EU …
Read More »Museveni in Brussels for key EU-EPA discussions
Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni is in Belgium on a three-day working visit that will include talks with European Union (EU) about the EU-EAC Economic Partnership Agreement (EPA). Museveni took over chairmanship of the East African Community (EAC) from Tanzania’s John Pole Magufuli in May with a promise …
Read More »Banning second-hand clothes
To stop relying on Western hand-me-downs, African countries are importing Chinese textile companies Rwanda | LILY KUO | Every day the workers at C&H Garment Factory are required to learn a few words of Chinese. Today’s lesson, written on a whiteboard at the back of a humming factory floor, is …
Read More »URA’s silver bullet
How addition of Single Customs Territory is changing cross-border business Kampala, Uganda | JULIUS BUSINGE | Imagine you are a trader in Uganda importing goods requiring 500 trucks. Under what has until now been the Uganda Revenue Authority (URA) system, each truck would require its own customs clearance entry costing …
Read More »Culture, creativity on display as PM Rugunda opens JAMAFEST 2017
Kampala, Uganda | THE INDEPENDENT | The 3rd edition of the East African Community (EAC) Secretariat organised Jumuiya ya Afrika Mashariki Utamaduni Festival (JAMAFEST) entered day two Sunday, with the highlight being the official opening of the culural festival by Uganda Prime Minister Dr. Ruhakana Rugunda. The main objective of the …
Read More »How central banks in EAC can boost private sector credit
The economic rescue initiatives can only succeed without political interference Kampala, Uganda | ISAAC KHISA | How can central banks in the East African Community boost private sector credit that has since last year slowed down? That was one of the issues that the Central Bank Governors in the region …
Read More »AGOA at risk in East African war over used clothes
USED CLOTHES: What panic in Kenya and Rwanda’s firm stand mean for Uganda? Kampala, Uganda | ISAAC KHISA | Among optimists, the proposal by East African Community (EAC) member states to ban the importation of used clothes by 2019 is great because it could spark the growth of …
Read More »Pension funds, insurance companies, key drivers of regional integration
Survey shows regional institutional investor base expanding due to favourable demographics Africa Renewel | JOHN SCHELLHASE | Capital markets, where money from savers is put into long-term investments, can contribute significantly to socio-economic development if they invest in productive projects and enterprises. But small size and market illiquidity can undercut …
Read More »Court declines to grant order to stop EAC states signing EPA
East African Court of Justice rules on European Partnership Agreement EPA Arusha, Tanzania| EAST AFRICA COMMUNITY MEDIA | The First Instance Division of the East African Court had declined to grant orders sought by one Castro Pius from Tanzania, to stop the Partner States which have not signed the European Partnership Agreement …
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