Home » Posts tagged with » East African Community

EAC To Woo German Investors At Berlin Forum

The East African Community (EAC) is expected to lay the carpet for its investment needs during a forum slated for Berlin next week. “There will be a high level discussions in which investment proposals will be laid bare”, said EAC secretary general Liberat Mfumukeko. Speaking in Arusha on Friday after hosting German Foreign minister Haiko […]

Kenya will continue enjoying duty-free and quota-free access for its goods to the European Union (EU) even if neighbouring countries fail to approve the Economic Partnership Agreements (EPAs). Josiah Rotich, the chief trade development officer at the Trade ministry, said that Kenya will, however, not enjoy other benefits that come with the EPA until all […]

Continue reading …

More than 150,000 Kenyans stand to lose their jobs if the horticulture industry collapses from the effects of new taxes imposed on Kenyan exports to Europe, the country’s biggest market for fresh produce. Another 450,000, who depend on the sector’s employees could also lose their livelihoods after European countries forced Kenyan exporters to sell their […]

Continue reading …

East Africa is making last-ditch efforts to save Kenyan exporters from incurring losses of more than $140 million a year following failure to broker a trade deal that would have allowed continued free access to the European Union market. East African Community (EAC) ministers who met in Arusha, Tanzania, on September 20 agreed to push […]

Continue reading …

Kenyan exporters eyeing the European Union market face a tax bill of up to Sh100 million per week starting next Wednesday after failure to sign a new trade agreement. The development could pile more pressure on the shilling, which is already hurting from suppressed tourism inflows. Trade between the EU and partner states of the […]

Continue reading …