Browsing: Trade Mark East Africa (TMEA)

TradeMark East Africa injects US$2.7M funding for construction of Mbaraki-Nyerere Road with the Mombasa County Government

TradeMark East Africa (TMEA) and the Mombasa County Government have inked a US$2.7 million financing deal towards construction of the Mbaraki-Nyerere Road.

The amount, according to a statement from TMEA, will cover design, building and supervision consultancy for the project.

“TMEA will provide US$2.3 million for the project. The funding is provided through TMEA donors, with the UK Department for International Development (DFID) contributing US$ 1.7 million while Denmark’s development co-operation agency (DANIDA) contributing US$ 0.5 million. The Mombasa County Government will fund the balance amounting to US$ 0.4 million.” Reads the statement in part.

The project is expected to unclog the Mbaraki Wharf region and the adjacent Likoni Ferry area, which suffer frequent traffic snarl ups as a result of cargo trucks offloading cargo from oil tankers and clinker ships. The project scope will entail tarmacking the 1.2 kilometre road, constructing a parking bay for trucks waiting to collect …

During the Public-Private Dialogue (PPD) with Trade Facilitation Agencies at the One-Stop Borders across the East African Community (EAC) Partner States to interrogate if EAC agreements and practices ease doing business across borders, the team came up with a set of recommendations.

The 13 recommendations were made to EAC by EABC-TMEA PPD with Trade Facilitation Agencies at Namanga  One Stop Border Post.

The recommendations were expected to help the bloc adhere to the necessary requirements in a bid to improve the ease of doing business in the region.

13 recommendations to EAC

  • Need to reduce police checks along the routes along Arusha-Namanga – Nairobi route

 

  • Need for URT to allow parking cargo trucks at the Border Post (OSBP) than parking at Longido-

 

  • Need for URT to consider the process of issuing temporary passports at Namanga (entry points) other than going to the Longido district.

 

  • Need for URT/Kenya

The regional business lobby group East African Business Council (EABC) is working with the TradeMark (Trade and Markets) East Africa (TMEA) to evaluate if if EAC agreements and practices ease doing business across borders.

The two bodies have kick started Public-Private Dialogue (PPD) with Trade Facilitation Agencies at the One-Stop Borders across the EAC Partner States to determine this.

According to a statement from EABC, the PPDs focus is on the extent to which Partner States are translating the EAC Common Market and Customs Union Protocols into policies that support the actualization of free movement of goods and people.

The first EABC Public-Private Dialogue with Trade Facilitation Agencies at Namanga  One-Stop Border Post on 12th March 2019, brought together officials from Ministries of EAC Affairs, Immigration, bureaus of standards, plant and animal health, sanitary and phytosanitary (SPS), Revenue Authority, Police, cross border traders, transporters, exporters, importers, business leaders and …

TradeMark East Africa has been feted by the Rwanda Trade body Private Sector Federation (PSF) for its work in reducing barriers to trade in Rwanda.

TMEA recently announced its new strategy in Rwanda, injecting over US$ 50Million in various projects ranging from physical infrastructure development on Lake Kivu to building digital trade platforms.

East Africa is one of the fastest growing blocs in the world, however, the potential of the EAC in regard to growing regional trade is yet to be fully achieved.

“This is partially due to the fact that as individual member countries pursue their national industrial policies, they are likely to implement measures that counter regional integration obligations. As a result, trade disputes and non-tariff barriers persist,” Kenya Association of Manufacturers CEO Ms Phyllis Wakiaga said in a statement.

During the presentation of the award at the inaugural Golden Business Forum (GBF), held in Rwanda’s capital, Kigali, …

The Kenyan government has renewed its efforts to fight counterfeit goods and infringement of intellectual property, as counterfeiters continue to pose a threat to local manufacturers and traders.

In a new move, the country’s anti-counterfeit laws have been amended, putting in place new measures that will help fight the vice which takes up to USD300 million of local manufacturers’ market share annually, with the government loses USD80 million as potential tax revenue.

READ:Shocking counterfeit headaches crippling Kenya’s manufacturing sector

The State is also targeting proceeds of counterfeit trade mainly property, with top businessmen, politicians and high-net individuals being among the biggest perpetrators who could cross swords with the authority.

The Anti-Counterfeit Act, 2008 (amended) now extends the counterfeiting scope to include goods counterfeited outside Kenya, allowing for their impoundment.

This means that the Anti-Counterfeit Authority (ACA), formerly the Anti-Counterfeit Agency, now has the power to impound items counterfeited outside …