By Dicta Asiimwe Uganda offers promises, Kenya pumps in money, Tanzania looks inward In her 2010/11 Financial Year budget speech, Finance Minister Syda Bbumba said she envisages that the East African Community (EAC) Common Market which comes into force on July 1 will “stimulate greater productive efficiency, higher levels of …
Read More »120 million-strong EAC Common Market agreed
By Joseph Were Tension over jobs, residence and land The signing of the East African Common Market protocols in Kampala last month could not have come at a better time for the region. The African Development Bank (AfDB) is predicting that East Africa may this year record the continent’s best …
Read More »EAC bourse integrate minus Tanzania
By The Independent Team Despite Tanzania’s resistance to cross-border investment, a position that contradicts the East African Community Customs Management Act, plans are going ahead to integrate the three major bourses within the region, namely the Dar es Salaam stock exchange, the Nairobi stock exchange and the Uganda securities exchange, …
Read More »EAC businesses free to open in any partner State but Common Market debate shelved
By Bob Roberts Katende The private sector won some major concessions at the recent Second Round of the EA negotiations but gloom and pessimism over the planned Common Market reigned. Agreement on the planned free movement of goods, services, capital and persons under a planned Common Market remained elusive despite …
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