Browsing: East African Community (EAC)

East Africa(EA) business community will address issues on harmonising airspace among others during the East African Business and Investment summit taking place in Arusha, Tanzania from 28 to 29 November.

Denis Karera, the Vice Chairman of the Council said that the summit seeks to address the most pressing issues challenging business in the region, especially cross border trade.

“Non-tariff barriers impede cross border trade. One of the key things we want to raise, again, is the domestication of airspace so that our airlines can move easily and quickly and tickets can become cheaper as well,” he said as he addressed the press.

He added that flight ticket prices are driven by none harmonized and heavy duties imposed on airlines landing at different African airports. He said that flight tickets are expensive because all the east African countries charge taxes among other handling services for every landing.

Also Read: EAC

Sub-Saharan African clothing and footwear market is worth $31 billion US dollars and growing. In a series of articles about the industry in Sub Sahara Africa, we will explore the policies, trade and the budding creative fashion industry in the region. This is the second part of the series where we focus on the raw material for the textile industry.

Read the previous series:  Africa Fashionomics: Making sense of the $31 Billion industry

Also:  Africa Fashionomics: Not enough materials to support a budding textile industry

And also: Africa Fashionomics: Business of Fashion in Africa led by Ethiopia

East African Community had one ambitious goal; to get rid of second-hand clothes in the region and shield their nascent textile industry from adverse effects of these clothes from U.S and Europe. The goal was already set and the countries would effect a hike on the duty charged on second-hand clothes. East African …

The harmonisation is in line with that of the five-member countries of the East African Community (EAC).…

Welcome to Jack’s world. Jack is a photographer based in Dar-es-Salaam who recently set up a sole proprietorship.

His dream is to grow into a visual interior design firm that furnishes affluent homes, office spaces, and restaurants with compelling imagery for their otherwise boring walls.

Every one of Jack’s hours is valuable to achieving his ambition.

Jack is not alone. East Africa is burgeoning with small businesses that are formalizing. With this formalization – setting up a company, relentless selling, and paying taxes – comes a heavy investment in time and a meticulous focus on prioritizing what matters most on any given day.

A popular misconception is that it’s easier today for small businesses to grow due to the plethora of digital marketing tools available.

From automatic logo generators and photo editors to website builders and social media schedulers, business owners are able to get things done faster. But this …