Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.


EAC assesses common market progress

20 February 2014, 13:36

Nairobi - The East African Community (EAC) Secretariat has launched a scorecard that assesses progress towards developing the EAC Common Market.

The World Bank Group, at the request of the EAC Secretariat, developed the scorecard which measures the partner states’ compliance to the free movement of capital, services and goods.

“The Scorecard is well aligned with the EAC’s implementation priorities. It will foster peer learning and facilitate the adoption of best practice in the region. This will contribute to strengthen the regional market, grow the private sector and deliver benefits to consumers,” the EAC Secretary General, Dr Richard Sezibera, stated.

The scorecard faults particular partner states on their actions towards a common market with Tanzania being mentioned in the report adversely with regard to its willingness to the common market.

“Tanzania has the highest number of non-conforming measures that are inconsistent to their commitment to the common market protocol with a total of seventeen non compliance measures.

Kenya follows closely with sixteen, Rwanda with eleven, Uganda with ten and Burundi has the least,” said the Lead Author of the scorecard, Alfred Ombudo K’Ombudo.

The scorecard, which is the first ever regional study, shows that whereas Kenya, Rwanda and Burundi have made significant strides towards a common market through elimination of barriers to trade, Tanzania and Uganda have scored below par.

The scorecard was developed over a period of 18 months under the supervision of the EAC Secretariat and Partner States.

The areas of capital, services and goods were selected for scoping as they are foundational for the operation of the common market.

The scorecard notably identifies at least 63 non-conforming measures in the trade of services and 51 non-tariff barriers affecting trade in goods while in the area of capital.

Only two of the 20 operations covered by the Common Market Protocol are free of restrictions in all of the EAC Partner States.

– CAJ News

For the latest on national news, politics, sport, entertainment and more follow us on Twitter and like our Facebook page!


Read News24’s Comments Policy

Comment on this story
Comments have been closed for this article.

Read more from our Users

Submitted by
Wilson Ochieng
DP Ruto accuses Raila of selling ...

DP Wiliam Ruto has castigated Raila Odinga for seeking western support to fund his 2017 election bid. Read more...

Submitted by
William Korir
Peter Kenneth announces Uhuru 201...

Peter Kenneth has announced that he will support President Uhuru Kenyatta in the 2017 elections. Read more...

Submitted by
Wilon Ochieng
Labour Party to dump both Jubilee...

The Labour Party of Kenya is likely to avoid supportoing both the CORD and Jubilee factions during the 2017 General Elections. Read more...

Submitted by
William Korir
Ukambani MP quits Jubilee, to run...

An Ukambani MP has quit the Jubilee Party, citing voter apathy as his reason behind leaving the ruling coalition. Read more...

Submitted by
Victor Tinto
Government launches probe into Po...

The government has launched an inquiry into the circumstances that could have led to two National Police Service helicopter accidents in August and September this year. Read more...

Submitted by
Wilwon Ochieng
Deputy Governor's ally found with...

The EACC has recovered KES 2 million in fake currency from a close ally of Deputy Governor for Tharaka Nithi Eliud Mati. Read more...