- Advertisement -
Home Business EABC wants pandemic related charges lowered

EABC wants pandemic related charges lowered

- Advertisement -

The East African Business Council (EABC) has urged for lowering and harmonisation of Covid-19 related charges in the East African Community (EAC) to ease the cost of doing business and boost intra-EAC trade.

EABC chief executive Peter Mathuki says whereas Tanzania and Burundi are charging a standard rate of $100 (Sh10,960) for both nationals and foreigners, other partner States’ charges vary.

Mathuki said this had turned out to be another form of a Non-tariff Barrier (NTB) preventing a rebound of cross-border regional trade.

The regional partner states of Burundi, Kenya, Rwanda, South Sudan, Tanzania, and Uganda have also not established a common quarantine period in the region, resulting in delays for test results.

Harmonisation

“The EAC Secretariat should fast track regional coordination and harmonisation of measures on Covid-19 for economic resilience and growth of the EAC bloc,” said Peter Mathuki, the EABC chief executive.

Different preventive and restrictive measures undertaken by EAC Partner States to control the spread of Covid-19 have significantly slowed down trade, movement of persons and integration.

Mathuki said that reduction and harmonisation of Covid-19 related NTBs will enable businesses to tap into the opportunities availed by the African Continental Free Trade Area (AfCFTA).

In summary

- Advertisement -
- Advertisement -

Stay Connected

16,985FansLike
2,458FollowersFollow
61,453SubscribersSubscribe

Must Read

Christie Brinkley, 66, Slays In $450 Fendi Bikini & Short Shorts As She She Vacations In Turks & Caicos

Christie Brinkley is continuing to defy Father Time with her stunning swimsuit body. At 66, she hit the beach in the Turks & Caicos...
- Advertisement -

9 Celebs Slaying In Leather Short Shorts: Larsa Pippen, Halle Berry & More

Leather shorts are not an easy trend to pull off, but stars like Larsa Pippen, Halle Berry and more have totally nailed it! Stars are...

Olivia Jade, Kendall Jenner & More Stars Under 30 Looking Gorgeous In Bikinis

Hailey Baldwin, Kendall Jenner and Olivia Jade are just a few of the young stars who have slayed their sexy bikini looks lately! Check...

18 Stars Looking Super Sexy In Plunging Dresses: Salma Hayek, Kim Kardashian & More

Stars like Salma Hayek, Kim Kardashian and more love showing some skin in dresses with plunging necklines, and these looks are definitely turning up...

Related News

Christie Brinkley, 66, Slays In $450 Fendi Bikini & Short Shorts As She She Vacations In Turks & Caicos

Christie Brinkley is continuing to defy Father Time with her stunning swimsuit body. At 66, she hit the beach in the Turks & Caicos...

9 Celebs Slaying In Leather Short Shorts: Larsa Pippen, Halle Berry & More

Leather shorts are not an easy trend to pull off, but stars like Larsa Pippen, Halle Berry and more have totally nailed it! Stars are...

Olivia Jade, Kendall Jenner & More Stars Under 30 Looking Gorgeous In Bikinis

Hailey Baldwin, Kendall Jenner and Olivia Jade are just a few of the young stars who have slayed their sexy bikini looks lately! Check...

18 Stars Looking Super Sexy In Plunging Dresses: Salma Hayek, Kim Kardashian & More

Stars like Salma Hayek, Kim Kardashian and more love showing some skin in dresses with plunging necklines, and these looks are definitely turning up...

What To Watch This Weekend: Perfect Weekend Binges — ‘Euphoria’ Special & More

Even in the COVID-19 era, there is still a plethora of movies and TV shows to watch every week. From a ‘Euphoria’ special to...
- Advertisement -
%d bloggers like this: