Tea Exports Fall 28% to 37 Million Kilograms in May
Tea exports reduced 28% in the month of May as compared to the same period last year despite increased production due to good weather. Data from the Tea Board of [...]
UK to Cut Import Taxes on Goods from Developing Countries
The UK has announced plans to cut import taxes on hundreds more products from some of the world's developing countries, as it seeks to boost trade links. The Department for [...]Ethiopia Opens its 1st Ever Free Trade Zone
Ethiopian has opened the Dire Dawa Free Trade Zone, the country’s first free trade zone that seeks to enable competition with the global trade system. The Ethiopian government said the [...]Uganda Removes VAT on Imported Rice from Tanzania
The government of Uganda has removed the Value added Tax (VAT) on imported rice from Tanzania, with effect from 27th July 2022. The development comes two weeks after Uganda's President [...]Kenya among 6 Member States to Pilot the AfCFTA
Kenya has listed 14 merchandise and service sectors for trade under the African Continental Free Trade (AfCFTA), as it becomes among the first six to pilot the continental pact. This [...]AfCFTA Secures $11.24 Million Grant from AfDB for African Intra-Trade
The African Continental Free Trade Area (AfCFTA) Secretariat has secured $11.24 million grant from the African Development Bank to accelerate African intra-trade. AfDB says the Secretariat, currently in phase II [...]Miraa Exports to Somalia Earn Kenya KSh221 Million in 4 Days
Kenya's miraa exports to Somalia earned a whopping KSh221 million to Mogadishu in four days following the reopening of its border with Somalia. Head of Miraa, Pyrethrum and other Industrial [...]Somalia Renews Bid to Join the EAC Trade Bloc
Somalia has renewed its bid to join the East African Community (EAC) trade bloc, after the country's newly elected PresidentHassan Sheikh Mohamud arrived in Arusha to attend the ongoing 22nd [...]Kenya, Guinea-Bissau Sign Agreements to Boost Economic and Social Ties
Kenya's President Uhuru Kenyatta and his Guinea-Bissau counterpart, President Sissoco Embaló, on Friday 15th July signed three agreements aimed at boosting economic and social ties between the two countries. This [...]Ethiopia Fetches $1.4 Billion Revenue from Coffee Exports
The Ethiopian government has made a record $1.4 billion revenue from exporting 300,000 metric tons of coffee during the just-concluded Ethiopian 2021/22 fiscal year that ended on 7th July. Compared [...]India to Impose Restrictions on Flour Exports to Protect Domestic Markets
India has announced plans to impose restrictions on the export of flour, a move that seeks to protect domestic markets from a global wheat crisis. The Directorate General of Foreign [...]Kenya to Waive All Levies on Maize Imports WEF 1st July
The Government of Kenya has announced plans to waive all levies on maize imports effective July 1st, 2022. Agriculture CS Peter Munya revealed that the measure is aimed at reducing [...]
