Tag: cross border trade
In the past few weeks, Rwanda saw a slight increase in Covid-19 cases, a scenario that has been attributed to cross border truck drivers. In response to this, the country has established a cross border cargo transit logistics platform to curb the spread of the virus and facilitate trade. CNBC Africa's Tesi Kaven filed this report.
Communities in Africa and especially in Kenya heavily rely on donkeys for their livelihoods. Now an increase in smuggling and illegal cross border trade of these animals is threatening their population, leading to calls for a ban on exports of their skins. Fred Ochieng, CEO of Brooke East Africa joins CNBC Africa to shed light on this issue.
Recently we've seen a variety of business headlines coming out of Tanzania, from an unexpected rise in the inflation rate to Tanzanian President Magufuli working with his Kenyan counterpart Uhuru Kenyatta to ease cross border trade. Ivan Tarimo, Partner at Bankable joins CNBC Africa for more.
There are barriers hurting cross-border trade in East Africa even as regional economies of countries across the region integrate; cross border trade is still faced by major challenges among them non-tariff barriers. Some traders have suggested the complete removal of borders. Kiprono Kitonyi, Chairman of Kenya National Chamber of Commerce and Industry shares insights on this and much more.