Browsing: Border control in East Africa

A favourable balance of payment translates to good exchange rates for the shilling against the dollar. A strong shilling means more value per shilling, allowing the country to make even larger purchases or investments.

Another aspect is the fact that a decrease in the oil price should translate to similar, if not multiple decreases in the cost of doing business and even the cost of living. This is because the cost of transportation is expected to fall, and with it, the cost of the goods being delivered is another gain for Africa (where borders were not closed during that time).

Also, in economic terms, there is a difference between an increase or decrease and rise or fall in price. An increase or decrease in price means a short-term price hike or price drop, which is what we expected to see during the period of oil price increase/decrease.

On the other …

The coronavirus (COVID-19) fight is getting into a different dynamic as Tanzania anticipates unlocking its tourism potential, some of the East African member states decided to close their borders to curb the highly contagious virus.

Zambia closes its border with Tanzania

The transit landscape between Tanzania and Zambia just got stuck, as Tunduma-Nakonde border got closed to curb the coronavirus pandemic.

The shutdown came to life on Monday, May 11, after border district confirmed 76 new cases on Saturday, which was the steepest increase to date. Hence, Zambia has around 267 confirmed cases and 7 people have died from the virus.

Zambian Health Minister Chitalu Chilufya said the closing the border allows for cleaning, disinfection and virus testing to be conducted in Nakonde. But also retraining immigration staff at the border on how to deal with the entry of persons and goods, according to information from The Citizen.

However, according …