Business

Intra-regional trade within the East African Community (EAC) is on an upward trajectory standing at $10.17 billion in September 2022 according the EAC Secretariat. The intra-EAC trade, accounting for imports and exports between the seven community’s Partner States grew from 13 percent in 2019 at a value of US$7.1 billion to 15 percent in 2021 at a...

Other sectors in which the Commission reviewed were distribution agreements affecting alcoholic and non-alcoholic beverages and the fast-moving consumer goods. PHOTO| FILE. More than twelve trade agreements which have been operational in the Common Market for several years have been banned for being anti-competition. The action was taken by the COMESA Competition Commission...

Burundi’s president Evariste Ndayishimiye this Tuesday arrived in Senegal’s capital Dakar to participate in the second edition of the Dakar Summit on food in Africa.  “The President of the Republic will be accompanied by the First Lady Angeline Ndayishimiye,” a statement reads from the office of president’s spokesperson.  The president was...

Kenyan exporters have raised concerns of high demurrage charges and loss of their agricultural produce over food certification required by China, making it difficult to trade. The Asian country on January 1 implemented new registration requirements for companies that export food to China. According to the regulations, all overseas manufacturers of...

Regional business leaders recently engaged with the new EAC Secretary General Veronica Nduva, during the EABC CEOs-EAC Secretary

In a significant boost to Burundi's trade ambitions, the East African Business Council (EABC), in collaboration with the EU Technical Assistance Facility (EU-TAF) and

The Kenya Private Sector Alliance (KEPSA) held a significant Roundtable with the Secretary General of the East African Community (EAC), H.E. Veronica Nduva, at the Nairobi Serena Hotel today. The event underscored the critical role of private sector engagement in advancing regional economic integration and enhancing the business environment within East Africa. The Roundtable...

On Tuesday July 25th in the evening, six bars were closed in the country’s northern province of Ngozi due to what the Internal Affairs ministry called illegal and over charging of drinks. “Police in collaboration with the administration and the joint security committee closed 06 cabarets (INNOVA1, La Reine, Kugasaka, Nack Mat Bar, Just...

More than 100 countries including China, India, Brazil, and South Africa—face serious obstacles that could hinder their efforts to become high-income countries in