Tag Archives: eac

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 …

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 …

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 …

  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 …

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 …

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 …