Uganda has passed the controversial 1% Mobile Money Tax. The excise duty amendment bill 2018 that seeks to place a 1% tax on every transaction made by phone users on Mobile money platforms has been passed by Ugandan Parliament. Government says the amendment in the tax regime will help mobilize …
Read More »Kenya agitates for controlled spending by African Union
Kenya is calling for further efforts to control expenditure at the African Union (AU), even as it struggles to pay up its membership fees to the continental body. Ahead of the African Union Summit due on Sunday in the Mauritanian capital of Nouakchott, Foreign Affairs Cabinet Secretary Monica Juma told …
Read More »Kenya Steps up war on Fake Sugar
Crackdown on suspected dirty sugar in Kenya has continued with police impounding a number of trucks ferrying the sweetener in Rongo, Migori County. The standards Act under section 9, criminalizes the manufacturing of sugar under the conditions that the contraband sugar was being produced. The businessmen didn’t comply with the …
Read More »Tanzania sets Tshs22b for road Building
At least shs22 billion is expected to be spent on improving roads in Arusha through phase phase two of Tanzania strategic cities project (TSCP). Phase two of the project will also involve the improvement of the drainage systems, construction of solid waste dam in Muriet and containers for the same. …
Read More »Shs. 26b set to improve Agro processing
Uganda will benefit from shs26b agro processing and value addition fund that has been launched by the United Nations Capital Development Fund (UNCDF). The launch is part of shs100b facility that seeks to improve agro processing and value addition in northern Uganda and West Nile. Dr. Dmitry Pozahidaev, from UNCDF, …
Read More »Kenya lifts ban on poultry from Uganda
The Kenyan government will lift a ban it imposed on poultry from Uganda, after it has been put in place 25 months ago, due to an outbreak of avian influenza in the country. The move, which follows an assessment that ascertained that the neighboring country was free of avian influenza …
Read More »EAC STRIKES NEW TRADE AGREEMENT WITH USA
A new Trade and Investment partnership has been forged between the Arusha-based East African Community (EAC) and the United States of America. An official statement from the EAC Secretariat said the new Co-operation in trade between the US and EAC has been realized following a meeting on Thursday 14th June …
Read More »BOOST TO MANUFACTURERS AS EAC RELAXES RULES ON GOODS PRODUCED IN THE REGION
Local industries have received a major boost after the East African Community relaxed the rules on goods made in partner states. According to the revised rules of origin, goods made in partner states will now be sold duty-free. (The East African- 19th/25th March, 2016)READ MORE
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