Kampala, Uganda | THE INDEPENDENT | The Ministry of Finance, Planning and Economic Development and the Uganda Revenue Authority have agreed that there is a need to quickly centralize the collection of government revenues within the East African Community. Article 32 of the EAC Common Market Protocol provides for the harmonization …
Read More »Inside Uganda’s Shs44.7trillion spending plan
Human capital, security and governance take lion’s share of the 2021 national budget | THE INDEPENDENT | Uganda’s newly appointed State Minister for Planning Amos Lugolobi on June.10 unveiled the contents of the 2021/22 national budget to the public. Setting out the government’s tax and spending plans for the year …
Read More »East African mulls COVID-19 economic recovery plan
Nairobi, Kenya | XINHUA | The East African Community (EAC), a regional economic bloc, is planning to develop a COVID-19 economic recovery plan to help the region rebuild from the negative effect of the pandemic.Juvenal Ndimurirwo, director of finance for the EAC Secretariat, told a virtual meeting Friday that the …
Read More »East African regional bloc urges EU to lift sanctions on Burundi
Dar es Salaam, Tanzania | Xinhua | The East African Community (EAC) has urged member states of the European Union (EU) to lift sanctions imposed on Burundi, saying the country has opened a new page and is ready to move forward. Peter Mathuki, the EAC Secretary General, said in a statement …
Read More »NRM promotes trade in the region
NRM MANIFESTO WEEK | The Ministry of Trade implemented the manifesto commitment of continuing fast-tracking the East African Community (EAC) economic and political integration in line with the vision of having a single monetary union and achieving political federation of all the EAC member states. Economic integration was deepened …
Read More »New EAC boss pledges to eliminate trade barriers, push political unity
Kampala, Uganda | THE INDEPENDENT | The new East African Community Secretary General, Peter Mathuki has set uniting the partner states of the trading bloc as his number one priority at the start of his five-year tenure. The seasoned business executive who takes over from Ambassador Liberat Mfumukeko officially starts his …
Read More »EAC governments need budgets of survival and recovery
2021 EAC congress of accountants exposes economic integration opportunities Kampala, Uganda | JULIUS BUSINGE | Uganda on April 14-16, hosted the third East African Congress of Accountants to deliberate about economic integration issues. The congress that attracted about 1,000 participants both online and physical, was held at a time Ugandan …
Read More »Inside the Kenya-Uganda trade talks
Access to Kenyan market still a pain for Ugandan traders Kampala, Uganda | ISAAC KHISA | Ugandan traders had high hopes when Betty Maina, Kenya’s Cabinet Secretary for Industrialization, Trade and Enterprise Development visited Uganda on a recent weeklong bilateral visit. The local traders hoped that the key issues that …
Read More »Competition, political interests killing EAC integration
Kampala, Uganda | THE INDEPENDENT | The faltering of the East African member states is an indicator that leaders have to launch a new and comprehensive consultation for solutions that will make it work. The observation was made by professional bodies, economic analysts and government officials in the wake of trade …
Read More »Standards in the maize value chain
13-point farmers plan to attain high product quality, wealth creation, trade harmony in EAC region COMMENT | DICK NUWAMANYA KAMUGANGA | The East African Community (EAC) regional maize trade is approximately 1.5 million Metric Tons per annum valued at US$ 260 million. Uganda is a leading net maize exporter in …
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