Trade

Open Borders top EALA talks

• Published on 22 Apr. 2013 • Category : TradeRemoval of Non-Tariff Barriers (NTBs) tops the agenda when the East African Legislative Assembly (EALA) sits in Kigali this week. NTBs are a variety of rules and regulations that slow cross-border trade by imposing quotas, embargoes, and levies. These restrictions are non-tariff in nature, meaning that no tax or duty is paid. However countries can use the red tape to frustrate certain segments of importers to protect domestic industry. “We want to see the East African Parliament coming up with serious policies that will help in ending Non- Tariff Barriers which are(...)

Open Borders top EALA talks

Namibia examines BRICS

• Published on 09 Apr. 2013 • Category : TradeThe influx of no less than 17 heads of state, about 2 000 conference delegates, a huge international media contingent and international and South African business people in Durban last week passed virtually unnoticed in Namibia, despite its obvious importance.The fifth Brics summit in Durban between the leaders of Brazil, Russia, India, China and South Africa took place in the same week of the passing away of Governor of the Omaheke Region Rapama Kamehozu that sent the nation into mourning once again, barely three weeks after the death of Governor Maurus Nekaro of the Kavango Region.The leader(...)

Burundi supports border communities.

• Published on 20 Mar. 2013 • Category : Trade Experts this week meet in Bujumbura to discuss plans to empower border communities through the modernization of locally shared markets. Scheduled between 18 to 20 March at Hotel Safari Gate, and organised by African Trade Policy Centre (APTC),the meet is a follow-up of the 1st Meeting of Experts in Kigali, Rwanda held June 2011. In that meeting, a proposal for a project entitled ‘Empowering Border Communities through Modernization of Shared Markets.’ The Kigali meeting recommended, among others, construction of shared markets, storage facilities, improving water and sanitatio(...)

Tanzanias financial sector is stable.

• Published on 20 Mar. 2013 • Category : Trade Bank of Tanzania (BoT) says the banking sector is stable. BoT’s statement on Momentary Policy’s Mid-Year Review released in February 2013 indicates that end of last year, the banking industry was well capitalized with liquidity levels above the regulatory requirements. BoT said that the industry ratios of core capital and total capital to risk weighted assets and off balance sheet exposures were 17.38% and 17.95%, respectively, compared to the legal minimum requirements of 10% and 12%, respectively. More...

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Open Borders top EALA talks

Open Borders top EALA talks

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