News Tag: Tanzania

Zanzibar to host key East African regional meet

This is the first time for the Zanzibar archipelago to host the EALA as part of its rotational principle which serves as the second meeting of the Fifth Session of the Third Assembly. Some Tanzanian members of EALA come from Zanzibar, which is part of the United Republic of Tanzania. EALA Sittings are held under the principle of rotation as per Article 55 of the East African Community (EAC) Treaty. EALA meets at least once in every year at the EAC Headquarters in Arusha. Addressing journalists in the Zanzibar archipelago, EALA Speaker Daniel Kidega said the Assembly is expected to discuss three key Bills — EAC Gender Equality and Development Bill 2016, EAC Trafficking in Persons Bill 2016 and the EAC Polythene Materials Control Bill 2016. According to Kidega, there will be a number of reports which are expected to be discussed and debated before the House. The EAC Counter-Trafficking in Persons Bill 2016 seeks to provide a legal framework, develop common measures, strategies and programs to the prevention of trafficking in persons and the perpetrators of such actions. The Bill is to further develop partnerships for co-operation in counter-trafficking in persons and provision of protection mechanisms and services for persons. The EAC Polythene Materials Control Bill 2016 moved by Patricia Hajabakiga aims to provide a legal framework for the preservation of a clean and healthy environment through the prohibition of manufacturing, sale, importation and use of polythene materials. The Bill was re-introduced during the Sitting held in August in...

Africa: Ethiopia-Djibouti Railway Lifts China's Efforts in Africa's Rail Network

Nairobi — The launch of the Chinese-built Ethiopia-Djibouti railway has shown China's special position in the modernization of Africa's infrastructure, Kenyan scholars said Saturday. "The launching of the Ethiopia-Djibouti standard gauge railway line is expected to spur similar efforts of Africa to link the continent more effectively with an efficient railway transport network, which could be what Africa needs for close integration and expansion of intra-Africa trade," Gerishon Ikiara, an international economics lecturer at the University of Nairobi, told Xinhua. The fully electrified Ethiopia-Djibouti railway links Ethiopia's capital Addis Ababa to the Red Sea port of Djibouti. It was built by Chinese companies with the help of funding from a Chinese bank. Ethiopian Prime Minister Hailemariam Desalegn and Djibouti's President Omar Guelleh presided over the launch of the 752.7km Ethiopia-Djibouti railway on Oct. 5. The Ethiopian premier said the electrified rail helped cut travel time between the two countries from seven days to just 10 hours. Ikiara, who was Kenya's vice minister of transport, said the completion of the railway line was a major milestone in the modernization and expansion of transport infrastructure in Africa. "It is expected that the Chinese influence in Africa's development is going to rise rapidly," he said. "The emerging dominance of China in Africa's development is leading to increased competition for Africa's infrastructure financing and construction works," he said. The scholar said the railway line would help boost the development of the two countries. "The collaboration between Ethiopia and Djibouti in the successful implementation of...

TRADE MARK EAST AFRICA TO PROMOTE ZANZIBAR PRODUCTS IN EAC MARKET

Trade Mark East Africa (TMA) has promised to work on a request by Zanzibar government to facilitate the flow of products from the isle to the East African markets without obstacles. TMA country Director, Mr John Ulanga said that his office takes the matter seriously and that it will make sure Zanzibar products enter the East African markets without problems. He admitted that there have been low turnout of Zanzibar traders in various trade exhibitions, which involve East African countries and that it has been difficult to promote Zanzibar products at international level. The TMA boss was responding to the plea from Zanzibar Minister for Trade, Industries and Marketing Amina Salum Ally who visited TMA head offices in Dar es Salaam. She asked TMA to promote Zanzibar products to Tanzania mainland and other East African countries. She said Zanzibar products must be consumed as products from Tanzania once they enter into East African and International markets. “I would like to ask TMA to clear the way for products from Zanzibar into East African market and beyond,” she said. She added that for Tanzania to realize industrial development, both Zanzibar and Tanzania mainland must participate and benefit from businesses “We can only move forward and realize industrial development by opening markets for products from both sides and manage to penetrate into international markets, this will help to attract investors in Zanzibar and other areas” she said. The TMA boss said his office will work on the matter and make sure Zanzibar...

The African passport will be a hard sell

The concept of a United State of Africa has gained traction after the African Union (AU) launched an African passport in July 2016. The goal is to have the document in circulation by 2020 to allow citizens of the 54 member states travel visa-free across Africa. PHOTO: COURTESYThe concept of a United State of Africa has gained traction after the African Union (AU) launched an African passport in July 2016. The goal is to have the document in circulation by 2020 to allow citizens of the 54 member states travel visa-free across Africa. The notion of a single continental bloc was advanced by the late Libyan President Col. Muammar Gaddafi who even put substantial resources into it to woo African states into buying the proposed idea. Although largely driven by his own political ambitions, Gaddafi had a valid proposition of a united Africa. While there are both pros and cons, the quest for one passport for Africans is welcome. There are numerous benefits to be derived from a united Africa that would outweigh those of a divided continent. If this becomes a reality and enables citizens of 54 member states travel with ease, it will spur growth by encouraging intra-Africa trade. A more integrated Africa would empower us to better negotiate for our rightful share at the global arena, perhaps starting with a permanent seat at the UN Security Council or a greater role in global trade institutions such as the World Trade Organisation. The question however is; how practical...

East African business must create jobs, support regional integration

Dr. Kituyi is due to speak at several events at the East African Business and Entrepreneurship Conference and Exhibition, which takes place in Nairobi, Kenya, from 10 to 13 October. The event brings together leaders from the government and private sectors in the East African Community (EAC) states, as well as entrepreneurs and investors from abroad. "Countries such as Kenya have some of the most dynamic business people, demonstrated by extraordinary technological successes and innovation," Dr. Kituyi said. "But business also benefits from value addition, job creation, and regional integration, and must do more to make these things happen," he added. Analysts have long recognised that business has a critical role to play in achieving the Sustainable Development Goals, including by creating jobs. More jobs, in turn, mean fairer growth, more social stability, and larger consumer markets. In particular, regional integration and regional value chains still represent untapped opportunities. Meanwhile, technological change offers risks as well as opportunities. On the one hand, East African countries like Kenya and Rwanda have led the way with innovation-led growth with such firms as mobile-banking company M-Pesa and RSwitch, Rwanda’s national e-payment system. On the other hand, technological change and the use of more robots in manufacturing may mean that East African countries can no longer count on low wages as a competitive advantage. "One of the most exciting questions for East African business must surely be to ask how can we stay ahead of the fast moving technological wave?," Dr. Kituyi said. The...

Harmonized standards can sharpen EAC competitive edge

Standards are a vital element in trade, because they help business interaction and access to markets in the economy.  Standards and compliance can also encourage trade by providing valuable information about product requirements or consumer preferences which all add to competitiveness. A standards regime helps open-up markets. It allows customers to compare offers from different suppliers, making it easier for smaller and younger enterprises to compete with larger and stronger companies. They also give small and medium size enterprises (SMEs) a competitive advantage by enabling them to compete on a level playing field with bigger enterprises internationally and to increase market share. With a total population of about 146 million people, the East African Community (EAC) offers fertile ground for companies to do business.  By doing so, this leads to economic growth generated by higher levels of intra-East African trade. The EAC has developed East African Standards to harmonize requirements governing quality of products and services across the Community. Companies rely on these standards and their own conformance to increase efficiency, reduce costs, and boost sales of their products and services. Implementation of common standards has put the EAC at the fore front of competition policy in sub-Saharan Africa.  It is foreseen that through harmonized standardization and compliance, any trade barriers encountered during the exchange of goods and services within the EAC is limited or avoided altogether. On the other hand, compliance with strict standards of regulations can often be expensive for companies. However research points to the fact that...

East Africa: EAC Chief Vows to Keep Cutting Costs

Arusha — The East African Community (EAC) secretary general Liberat Mfumukeko says he will not backtrack in his drive to cut down costs and putting in place prudent financial management at the regional organisation. He said the reforms he has instituted since assuming the position slightly over five months ago would also cover all organs of the Community as well as its institutions spread across the region. "The Community had expanded tremendously within a short spell of time which has necessitated it to review its institutional set-up and work on sustainable financial mechanism," he stressed. Mr Mfumukeko reiterated his hard-line stance against extravagant use of funds at EAC when he briefed the Irish ambassador to Tanzania Paul Sherlock on achievements made in the regional integration efforts. "Achieving the Customs Union and the Common Market and moving towards the Monetary Union within such a short time for the Community was commendable," he said after receiving credentials from the ambassador who will now be accredited to the EAC. The no-nonsense EAC boss took over the position on April 25th pledging to turn around the cash-strapped regional body through cutting down unnecessary expenditure in the wake of dwindling support from the development partners and delay by the partner states to remit their budgetary contributions in time. Source: All Africa

TMA to promote Zbar products in EAC market

TRADE Mark East Africa (TMA) has promised to work on a request by Zanzibar government to facilitate the flow of products from the isle to the East African markets without obstacles. TMA country Director, Mr John Ulanga said that his office takes the matter seriously and that it will make sure Zanzibar products enter the East African markets without problems. He admitted that there have been low turnout of Zanzibar traders in various trade exhibitions, which involve East African countries and that it has been difficult to promote Zanzibar products at international level. The TMA boss was responding to the plea from Zanzibar Minister for Trade, Industries and Marketing Amina Salum Ally who visited TMA head offices in Dar es Salaam. She asked TMA to promote Zanzibar products to Tanzania mainland and other East African countries. She said Zanzibar products must be consumed as products from Tanzania once they enter into East African and International markets. “I would like to ask TMA to clear the way for products from Zanzibar into East African market and beyond,” she said. She added that for Tanzania to realize industrial development, both Zanzibar and Tanzania mainland must participate and benefit from businesses “We can only move forward and realize industrial development by opening markets for products from both sides and manage to penetrate into international markets, this will help to attract investors in Zanzibar and other areas” she said. The TMA boss said his office will work on the matter and make sure Zanzibar...

Dubai Chamber trade mission to Ethiopia concludes with meetings with public and private sector reps

· MOU worth AED 184 million signed between S.S. Lootah International and Oromia International Bank SC of Ethiopia · Al Ghurair: Our aim is to get accurate information on setting up business, highlighting investment regulations and sectors while identifying challenges for investors · Buamim: We look forward to stimulate economic partnerships between the business communities in both countries · Ethiopia is Dubai's 60th trading partner with trade value of AED 2.2 billion in 2015 · Trade mission promotes Africa Global Business Forum by calling on public and private sectors to participate in the fourth session of the forum next year in Dubai 09 October 2016 Dubai, UAE: The Dubai Chamber of Commerce and Industry-led trade mission to Ethiopia concluded with the signing of an AED 184 million agreement between S.S. Lootah International and Oromia International Bank SC of Ethiopia to collaborate in supporting the coffee and other agricultural and livestock sectors with the financing and supply of needed inputs to boost their production and exports. The MoU covers financing requirements for the inputs and exports of production and value addition inputs products, export financing, warehousing and logistics for the agricultural sector including coffee and livestock production. The initial value of the agreement will be increased in its next stage with the rise in demand for the products. H.E. Yahya Bin Saeed Lootah, CEO, S.S. Lootah International, said that the agreement with the Ethiopian partner, which follows the signing of another agreement a few days ago with a Kenyan company reflects the...

Dar, Kinshasa trade pact saves jobs

THE restoration of trade relations between Tanzania and Democratic Republic of Congo is expected to boost freight forwarding companies’ capacity to re-employ about 6,000 workers who were previously laid off. The workers fell victim after the logistics companies opted to reduce the number of employees in order to reduce operation costs following the drop in cargo volume through the Dar es Salaam port. Among other factors, the companies diverted their consignments to other ports, such as Mombasa. Cargo traffic through the port dropped by 13.3 per cent in March, this year, compared to the same period last year. Cargo to and from the Democratic Republic of Congo (DRC) and Zambia dropped by 14.4 per cent and 27.9 per cent, respectively. The market segments of the two countries contributed about 60 per cent of the port’s transit market share. But, a new chapter was opened after DRC President Joseph Kabila visited the country on Tuesday this week during which he and his host, President John Magufuli, sorted out some of the challenges that afflicted the traders of the two countries. Yesterday, Tanzania Freight Forwarders Association (TAFFA) described the move by Dr Magufuli to foster stronger ties with DR Congo as ‘new hope’ for their businesses. “We are now expecting that our member companies would bring back their 6,000 workers whom they laid off,” the secretary general of TAFFA, Mr Tony Swai, said. Mr Swai said the recent development over modalities in using the port would open up the doors for business...