Cross border road transport laws, regulations, standards and systems are set to be harmonized from Cape to Cairo following the endorsement of two anchor Multilateral Agreements and five Model Laws.
Africa EAC Industry

Harmonization of road transport laws between Cape Town to Cairo in offing

Cross border road transport laws, regulations, standards and systems are set to be harmonized from Cape to Cairo following the endorsement of two anchor Multilateral Agreements and five Model Laws. The COMESA-EAC-SADC Tripartite Sectoral Ministerial Committee on Legal Affairs (TSMCLA) endorsed the Tripartite Draft Legal Instruments on Transport and Transit Facilitation during a virtual meeting […]

The COMESA Regional Customs Transit Guarantee Scheme (RCTG-Carnet) has launched a Mobile Application to provide access to real-time information to clearing and forwarding agents in the region.
Africa EAC ICT Industry

COMESA starts Mobile App to Facilitate Regional Customs Transit Scheme operations

The COMESA Regional Customs Transit Guarantee Scheme (RCTG-Carnet) has launched a Mobile Application to provide access to real-time information to clearing and forwarding agents in the region. The Application is accessible on Google Play Store and Apple Store and provides a one-stop-shop for the agents in member countries to view current bond balance and active […]

Central Banks in the COMESA region have been implementing new policy instruments and made changes to their monetary policy frameworks in order to address low growth and increase in unemployment resulting from the negative impact of COVID-19.
Africa EAC Industry

Unconventional Monetary Policies Necessary to Address the Impact of COVID-19

Central Banks in the COMESA region have been implementing new policy instruments and made changes to their monetary policy frameworks in order to address low growth and increase in unemployment resulting from the negative impact of COVID-19. According to  a special report published by the Director of the COMESA Monetary Institute (CMI), Ibrahim Zeidy, most […]

The United Nations Development Program (UNDP) is supporting the Tanzania Association of Tour Operators (TATO) to revive the Tanzania tourism industry to spur other businesses, recover thousands of lost jobs, and generate revenue to the economy.
Africa EAC Industry Tourism

Tanzania starts strategic partnerships to Revive Tourism

The United Nations Development Program (UNDP) is supporting the Tanzania Association of Tour Operators (TATO) to revive the Tanzania tourism industry to spur other businesses, recover thousands of lost jobs, and generate revenue to the economy. Wildlife tourism in Tanzania continues to grow with nearly 1.5 million tourists visiting the country annually, earning the country […]

The Tanzania Civil  Aviation Authority (TCAA) has banned three Kenyan airlines from flying into the country airspace in retaliation for Kenya subjecting passengers from Tanzania to a mandatory 14-day COVID-19 quarantine.
Africa EAC Industry Travel

Tanzania bans more Kenyan airlines from its airspace

The Tanzania Civil  Aviation Authority (TCAA) has banned three Kenyan airlines from flying into the country airspace in retaliation for Kenya subjecting passengers from Tanzania to a mandatory 14-day COVID-19 quarantine. Tanzania reported 509 COVID-19 cases and 21 deaths in late April when authorities stopped publishing the pandemic’s tally. President John Magufuli has declared victory […]

Stanbic Bank Uganda (SBU) demonstrated resilience during the first half of 2020, despite a difficult operating environment brought on by the Covid-19 pandemic and the resulting global economic downturn.
Africa EAC Industry

Stanbic Uganda posts Ush127b half-year profit despite COVID 19 effects

Stanbic Bank Uganda (SBU) demonstrated resilience during the first half of 2020, despite a difficult operating environment brought on by the Covid-19 pandemic and the resulting global economic downturn. Patrick Mweheire, the Chief Executive, Stanbic Uganda Holdings Limited (SUHL) to which SBU is a subsidiary said, “Despite a challenging first half, Stanbic Uganda has demonstrated […]