Tag Archives: eac

Tanzania, Uganda Signs Agreement On Energy, Civil Aviation At JPC Meet

jpc meeting 2017

Tanzania has signed an agreement with Uganda for the enhancement of energy and civil aviation. Augustine Mahiga, Minister for Foreign Affairs and East African Cooperation, said the agreements were signed at a Joint Partnership Commission (JPC) meeting on Wednesday in Arusha. Uganda too is a member of East African Community (EAC). JPC was established in 2007 in Uganda and the ...

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Tanzania Pulls Out Of EU Partnership – TEXIT

England has pulled out itself from the European Union and lately Tanzanian authorities have announced to be pulling out of EU sponsored Economic Partnership Agreements (EPAs). The EPAs allowed East African Community (EAC) member countries to directly trade with the EU countries. Tanzania has become the first in the region to pull out of it. The country has second largest ...

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Mozambican Former President Guebuza To Lead Observer Mission During Polls

Maputo/Dar es Salaam – This month Tanzania is going for polls and it is said to be a close combat between ruling party-Chama Cha Mapinduzi, John Magufuli and Edward Lowassa of opposition party-Chama Cha Demokrasia na Maendeleo (CHADEMA). Meanwhile, it is reported the former Mozambican President Armando Guebuza will be leading an observer mission of the African Union during the ...

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Why Tanzania’s Rice To Attract VAT In Uganda

There have been trade wars for quite some time in the East African Community and mostly it is featured over sugar exports by Uganda and Kenya. However, for past couple of months Kampala too has been locked with the same with Tanzania and the dispute is related to the 18 percent VAT on latter’s rice. Rice in tens of thousands ...

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EAC ministers meet over tourism operations

The Ministers responsible for Natural Resources and Tourism and those for the East African Community Affairs from Tanzania, Kenya and Uganda have been meeting at the EAC headquarters here since Monday, to resolve issues affecting tour operations in the three partner States. ...

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Vision boss to chair regional media committee

Vision Group’s chief executive officer Robert Kabushenga has been elected on a committee to steer the establishment of an umbrella media body to advocate for interests of the media in the EAC region. Vision Group Chief Executive Officer (CEO) Robert Kabushenga The committee chaired by Kabushenga also has other members who include Alphonse Nkusi (Rwanda), Esperance Ndayizeye (Burundi), Dr. Haron Mwangi (Kenya) and Ndimara Tegambwage (Tanzania). The committee was elected Friday during the just-concluded 6th East African Community/East African Business Council (EAC-EABC) Media Summit at the Imperial Royale Hotel in Kampala. The participants suggested names for the proposed regional body to be referred to as the East African Media Society or East African Media Forum. The summit was attended by media owners, chief executives and practitioners from the 5 EAC member states. They discussed regional integration and media’s role in promoting integration and collaborating with EAC and EABC. The practitioners in the resolutions, called on the EAC Secretariat to engage community media in disseminating messages in local languages on fast tracking the EAC integration, as one of the effective ways to reach out to majority of East Africans. They also called on the EAC secretariat, to regularly engage with media proprietors in the region to encourage them to commit adequate resources to facilitate the coverage of EAC issues and engage editors within the region to encourage them to pay more attention to EAC content. The media was also challenged to popularize the EAC anthem by playing it regularly, provide information to help citizens understand activities of EAC, explain the benefits of integration, and be sensitive while reporting in order not to harm the process of integration. Regional EAC states were challenged to repeal draconian laws and policies affecting media freedom and independence, provide policies for media practitioners to freely work in the region as professional service providers rather than workers and relax work permit requirements to facilitate skills transfer and exchange. By David Lumu & Raymond Baguma, The New Vision

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EAC Monetary Union signing due next week

The EAC Heads of State Summit, slated for later this month in Kampala, Uganda, is expected to discuss and possibly seal the regional bloc’s Monitory Union Protocol. Naibo said the EAC Monetary Union will ease cross-border trade among partner states. The New Times/ File. The protocol, once given the green light, will pave way for a process that would lead to adoption of a single currency across the five partner states; Burundi, Kenya, Uganda, Tanzania and Rwanda. Speaking to The New Times, on Monday, the Permanent Secretary in the Ministry of EAC Affairs, Innocent Safari, said the document on the protocol would first be scrutinised and approved by the Council of Ministers. The document was endorsed by ministers of justice and attorneys general of the member states, he said. Safari said the Council of Ministers will convene on November 28 before the Summit two days later. Third milestone If endorsed by the presidents, the East African Community Monetary Union will be the third pillar of the bloc to be signed after the Customs Union, signed in 2005, and the Common Market Protocol that was assented to in 2010. However, both the Customs Union and Common Market protocols are yet to reach full implementation, with authorities saying “they remain work in progress.” The use of a single currency is seen as a key ingredient in deepening the integration process, especially in trade, because it will eliminate exchange rates. Companies within the bloc would also easily compare prices with their competitors, which could, in turn, encourage competition and lower commodity prices. “Most of Rwanda’s cross-border trade is done in US dollars. If we were to have a single currency, traders would use it instead of the dollar, thus helping in reducing currency deficits governments usually have,” Lawson Naibo, the chief operations officer of Bank of Kigali, said in an interview on Monday. Naibo explained how the monetary union would allow the EAC member states’ currencies to carry out transactions in any partner states.

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