Tag: East African Community

Kenya Customs Agents and Freight Forwarders Bill 2020: Here’s how it impacts regional trade

The recently launched Kenya Customs Agents and Freight Forwarders Bill 2020 aims to enhance professionalism in service delivery and compliance to the existing regulations in order to end cargo delays at ports, improve cargo flow, improve revenue collection by the revenue authority and lowering the cost of doing business. Fredrick Aloo, Secretary General of Kenya International Freight Forwarders and Warehousing Association joins CNBC Africa on challenges faced and the impact the bill will have.

Can East Africa achieve single currency by 2024?

In November 2013, member states of the East African Community (EAC) signed a protocol establishing a monetary union with the ultimate aim to establish a single currency regime by 2024. Economic Analyst, Ted Kaberuka joins CNBC Africa to analyse the possibility to achieve this within 4 years.

New Rwanda airport to position country as regional hub

Airport infrastructure is key for country's trying to position themselves as the East African Community's regional hub with the major airports either currently getting a facelift or having new one built altogether, CNBC Africa spoke to Rwanda's Minister of Infrastructure Claver Gatete on why this is important for the country.

One of Africa’s last strongmen, Daniel Arap Moi dies at 95

Leaders from across the East African Community and worldwide have commiserated with the Kenyan people following the passing of the country's longest serving President Daniel Arap Moi. Moi, a former schoolteacher who ruled Kenya for 24 years, becoming the country’s longest-serving president had been in hospital for over a month. Presidents from the East African region took to social media to eulogise Moi. Joining CNBC Africa for more is journalist, Joseph Bonyo.

Why EAC govts. are prioritising affordable housing in real estate sector

The need for affordable housing across the East African Community (EAC) member states is key on all government agendas for the year. Real Estate Analyst, Wacu Mbugua from Cytonn Investments joins CNBC Africa for more.

Pekka Haavisto on what attracts Finnish investors to Rwanda

The Parliament of Rwanda is hosting the 55th Session of the Africa Caribbean Pacific Parliamentary Assembly and 38th Session of the ACP-EU Joint Parliamentary Assembly in Kigali. CNBC Africa's Fiona Muthoni spoke to Pekka Haavisto the Minister of Foreign Affairs for Finland on the assembly, what impact Brexit will have on EU arrangements with African countries and the Economic Partnerships Agreement deal between the East African Community (EAC) and the EU that has been pending.

Africa Investment Forum: DBSA, East African Community seek to boost infrastructure development with joint MoU

The East African Community (EAC) and the Development Bank of South Africa entered into a Memorandum of Understanding (MoU) at the Africa Investment Forum held in Sandton from 11 to 13 November. CNBC Africa’s Kopano Gumbi spoke to Kenneth Bagamuhunda, Director General, East African Community and Mohan Vivekanandan, Group Executive, Origination and Coverage at the DBSA about what the MOU entails.

Africa Investment Forum: DBSA, East African Community sign MoU for project development & implementation

The Development Bank of Southern Africa (DBSA) and the East African Community (EAC) have signed an MoU for project development and implementation. Key sectors will include IT, infrastructure and healthcare. CNBC Africa'a Kopano Gumbi spoke to Bernard Mono, Head of Finance at East Africa Development Bank and Mohan Vivekanandan, Group Executive, Origination and Coverage at the DBSA.