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East African Community
Latest Article 20 Sep 2024
Trade and Financial Services Round Up
Kenya Adani seeks KSh635bn from Kenyans for power lines, substations India’s Adani Group will seek KSh634.7 billion ($4.92 billion) from Kenyans over the next 30 years for building high-voltage power transmission lines, setting the stage for an increase in electricity prices. The conglomerate, through its subsidiary Adani Energy Solutions Limited and a unit of the […]...
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23 Aug 2024
The Brussels effect: When regulations become technical barriers to trade.
As the deadline for Kenya’s coffee farmers to comply with the EU Deforestation Regulation (EUDR) rapidly approaches, a significant challenge looms over the industry. By the end of 2024, only four mo...
12 Jul 2024
POLITICAL AND REGULATORY AFFAIRS ROUND-UP
Kenya Raila retreats from Ruto deal amid backlash In a dramatic turn of events, ODM leader Raila Odinga appears to be backing away from a proposed political deal with President William Ruto, as...
8 Jul 2024
Trade and Financial Service Round-Up
Kenya Uganda oil imports end Kenyan firms’ fuel transit business The first oil shipment destined for Uganda docked at the port of Mombasa on Wednesday, marking an end of Kenyan oil market com...
8 Jul 2024
Political Round-Up
Kenya Ruto appoints 8-member team to audit public debt President William Ruto has gazetted the Presidential Taskforce on Forensic Audit of Public Debt. The President has appointed Nancy Onyango...
8 Jul 2024
EAC to implement Common External Tariff amid Kenya’s political unrest.
Ministers across the East African Community (EAC) member States have agreed to implement a 35% Common External Tariff (CET) following a directive to undertake a comprehensive review of the EAC&...
24 May 2024
TRADE AND FINANCIAL SERVICES ROUND-UP.
Kenya Business registration agency takes over listing of trusts from Lands ministry The Business Registration Service (BRS), a State agency under the Attorney-General’s office, has assumed re...
9 May 2024
Trade and Financial Services Round-Up.
Kenya SEZ companies get Sh1.9bn tax incentives in nine years Firms operating in Kenya’s special economic zones (SEZ) were exempted from paying Sh1.98 billion in taxes and other levies in th...
9 May 2024
Political and Regulatory Affairs Round-Up.
Kenya President Ruto makes U-turn on ending Uhuru Kenyatta’s Sh376bn rural roads programme The government has made a U-turn on plans to abandon the Sh376 billion road programme started ...
9 May 2024
Africa’s trillion-dollar loss: Combating illicit financial flows through policy and advocacy.
Over the past 50 years, Africa is estimated to have lost more than $1 trillion in illicit financial flows (IFFs). This sum is roughly equivalent to all of the official development assistance received ...
4 May 2024
Trade and Financial Services Round-Up.
KENYA Treasury marks Sh5trn for loan repayment in five years Interest payments on public debts will cost taxpayers Sh 5 trillion over the next five years, new data by the Treasury shows.In the ...
3 May 2024
The politics of international financing and calls for finance beyond profits at IDA summit.
African countries need access to concessional finance that transcends financial returns as the continent grapples with the impact of climate change, mounting geopolitical tensions and other lingering ...
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