Kampala, Uganda | THE INDEPENDENT | There are fears that the factors and developments that led to the collapse of the first East African Community in the 1970s are increasingly evident in the current bloc. While the first EAC existed for only 10 years, the revived version is marking 25 …
Read More »Huawei wins Eastern Africa Cybersecurity Leadership Award at Internet Governance Forum
Kampala, Uganda | THE INDEPENDENT | Huawei, a global information and communications technology (ICT) infrastructure and smart devices firm, has been awarded the prestigious Eastern Africa Cybersecurity Leadership and Innovation Award at the East Africa Internet Governance Forum (EAIGF). The event, held from September 11 – 12 at the Serena Hotel …
Read More »East African states deviate from agreed tax rates in local production battle
EAC-CET was established to protect the common interests of various partner states by safeguarding specific sectors, and the lack of uniform application Kampala, Uganda | THE INDEPENDENT | Import costs in the East African Community states are expected to remain high under the newly implemented Common External Tariff (CET) as countries …
Read More »Military spending rising in EA region
Experts say that could lead to coups ANALYSIS | THE INDEPENDENT | Governments that allocate substantial resources to the military can inadvertently increase the political power of the military. “This will in turn lower both civilian control and oversight and increase the risk of an unconstitutional change of government (coups),”says Nan …
Read More »EAC: Uganda to host 11th East Africa internet governance forum
ARUSHA, Tanzania | Xinhua | Uganda will host the 11th East Africa Internet Governance Forum (EAIGF) to address crucial issues that enhance internet development and governance in the region, the East African Community (EAC) said in a statement on Monday. The statement issued by the EAC headquarters in Tanzania’s northern …
Read More »Afreximbank expands container Guarantee Scheme in East Africa
Merchants in landlocked countries face the highest container deposit rates, typically around US$5,000 per container, due to extended turnaround times ANALYSIS | ISAAC KHISA | Africa’s multi-lateral lender, the African Export-Import Bank, has forged a partnership with BSMART Technology Ltd to extend the Afreximbank African Collaborative Transit Guarantee Scheme (AACTGS) to …
Read More »Tanzania to host East African petroleum conference, exhibition
ARUSHA, Tanzania | Xinhua | Tanzania will host the 11th East African Petroleum Conference and Exhibition in the port city of Dar es Salaam from March 5 to 7, 2025. The conference, themed “Unlocking Investment in Future Energy: The Role of Petroleum Resources in the Energy Mix for Sustainable Development …
Read More »UDB, Centenary win big at Continental Banking Awards
Nairobi, Kenya | THE INDEPEDEPENDENT | Uganda Development Bank, is named the best bank in East Africa at the 18th edition of the Annual African Banker Awards. The country’s national Development Finance Institution, was on Tuesday named the Regional Bank of the Year – East Africa at the Annual African Banker …
Read More »IFC and Absa to boost East Africa coffee trade with US$60million facility
An estimated five million smallholder farmers rely on the industry for jobs and livelihoods in the region Kampala, Uganda | THE INDEPENDENT | The International Finance Corporation, a member of the World Bank Group, has partnered with Absa Group Limited, a South African-based bank intends to extend US$60 million commodity trade …
Read More »Free movement for East Africans, finally?
What to expect from Uganda signing IGAD Protocol COVER STORY | RONALD MUSOKE | Uganda has finally signed the Intergovernmental Authority on Development (IGAD) protocol that allows lawful free movement in and out of citizens of the countries of the East and Horn of Africa region. By signing of the Protocol …
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