By The Independent Team The leaders of five East African countries on Saturday afternoon signed a monetary union protocol kicking off plans to have a common currency for the block within 10 years. The move is expected to boost regional trade with in the EAC block which is expected to …
Read More »EAC Customs Union: Why it has so far not been such a good idea for Uganda
By Angella Abushedde New report says country needs to attract more investment in technology to compensate for lost tariff revenue Uganda and other East African Customs Union states need to produce more of the goods they import from other trade blocks if they are to benefit more from integration and …
Read More »EAC partner States to improve forest governance and trade
By Julius Odeke Experts from the East African Community partner states are meeting to prepare an elaborate action plan to improve Forest Law Enforcement, Governance and Trade in the region. The preparation of the action plan at a three-day workshop taking place at the Kenya Forestry Research Institute headquarters in …
Read More »EAC countries improve business climate-World Bank
By Julius Businge A new IFC and World Bank report shows that in 2011/12 all five economies of the East African Community (EAC)—Burundi, Kenya, Rwanda, Tanzania, and Uganda—implemented at least one institutional or business regulatory reform improving the business climate for local entrepreneurs. Released on May 2, Doing Business in …
Read More »EAC currencies steady
By Julius Businge The three East African currencies of Kenaya, Uganda and Tanzania remained steady trading a narrow range throughout the week ending March 23. “It was a sideways market for most of the trading sessions of the week with no uptrend or downtrend clearly established,” said Stephen Kaboyo a …
Read More »East African Community gears up for Petroleum conference
By Ronald Musoke A high level oil and gas conference is scheduled to take place in Arusha early next month according to information from the East African Community Secretariat. The conference will be the sixth since the region’s oil and gas profile gained international approval. Caleb Nyamajeje Weggoro, the East …
Read More »Kategaya in stable condition says Gov’t
By Julius Odeke Government says the Minister for East Africa Cooperation (EAC) Eriya Kategaya who was flown to Nairobi for medical attention is now in a stable condition. According to the Minister for Information and National Guidance, Mary Karooro Okurut, she dispels the earlier press report that was alarmist on …
Read More »EAC seeks harmonized food safety measures
By Julius Odeke The EAC Deputy Secretary General in charge of Productive and Social Sector Jesca Eriyo has underscored the need for comprehensive harmonized food safety measures to ensure a high level of consumer protection and to restore and maintain confidence in the safety and quality of both food and …
Read More »Museveni in Nairobi for EAC talks
By Julius Odeke President Yoweri Museveni is in Nairobi, Kenya on a 2-day visit during which he will attend the second retreat of the East African Community Heads of State on infrastructure development and financing. He will also attend the 14th Summit of the Heads of State of the East …
Read More »EAC electoral forum recommends standard principles for elections
By Julius Odeke The East African Community Forum of Electoral Commissions has recommended to the 26th Meeting of the Council of Ministers for consideration and adoption of the EAC Principles for Election Observation and Evaluation in partner states’ elections. According to the press release issued it stated that, “The principles …
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