Search Results for: customs

June 29, 2020

EAC protects local manufacturers as review of Customs taxes in the offing

East African Community finance ministers have agreed on measures to protect and enhance the competitiveness of the regional manufacturing industry ahead of the conclusion of a comprehensive review of the Common External Tariff (CET) that has dragged on for more than three years. In his budget speech on Thursday, Kenya’s Finance Minister Ukur Yatani said […]

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March 31, 2020

Kenya Customs Agents and Freight Forwarders Bill 2020: Here’s how it impacts regional trade

The recently launched Kenya Customs Agents and Freight Forwarders Bill 2020 aims to enhance professionalism in service delivery and compliance to the existing regulations in order to end cargo delays at ports, improve cargo flow, improve revenue collection by the revenue authority and lowering the cost of doing business. Fredrick Aloo, Secretary General of Kenya […]

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February 27, 2020

Common Customs bond in East Africa will reduce costs: committee

Importers in East Africa will from July operate under a common Customs bond, which guarantees uniform import duties and taxes across all partner states. Currently, the value of Customs bonds varies from country to country because of the application of different duty rates, valuation and sensitivity of goods. Kenya requires importers of transit goods to […]

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February 27, 2020

East Africa: Common Customs Bond in East Africa Will Reduce Costs – Committee

Importers in East Africa will from July operate under a common Customs bond, which guarantees uniform import duties and taxes across all partner states. Currently, the value of Customs bonds varies from country to country because of the application of different duty rates, valuation and sensitivity of goods. Kenya requires importers of transit goods to […]

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February 18, 2020

Busia should benefit from rise in customs revenue – official

Trade Mark East Africa wants Busia Kenya and Uganda to get a higher percentage of improved customs revenue at the border points. TMEA chief technical officer Allen Asiimwe said integrated border management has improved systems at Busia and Malaba. “Through transparency, a lot of increased customs revenue has been realised. I hope some of that […]

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February 11, 2020

Nimule Customs Officials to receive One Stop Border Post Training.

HiPipo Reporter. TradeMark East Africa will partner with the East African Community secretariat to train Nimule customs’ officials on One Stop Border Posts (OSBPs) implementation and management, Damali Ssali, the acting Country Director for TradeMark East Africa, Uganda revealed. Speaking at the commissioning of the Nimule OSBP, Damali Ssali noted that following the completion of the […]

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February 11, 2020

WCO welcomes strong political support for Customs reform in Tanzania

At the invitation of the Commissioner General of the Tanzania Revenue Authority (TRA), Dr. Edwin Mhede, WCO Secretary General Dr. Kunio Mikuriya visited Dar es Salaam and Dodoma, Tanzania on 5 and 6 February 2020 to discuss Customs modernization with the TRA and political leaders. In Dar es Salaam, a major entry point for Africa on […]

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January 16, 2020

Launch Of Electronic Customs Processing Platform To Enhance Trade In Ethiopia

The Government of Ethiopia launches an electronic platform that will enhance efficiency in trade logistics landscape of the country by speeding the customs process for importers and exporters. It is said will reduce the 44 days hectic long paper work process for importers and exporters to 15 days. Gradually, it is also expected to cut […]

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November 7, 2019

African customs body says African free trade arrangement not to affect revenue

The World Customs Organization of East and Southern Africa on Wednesday dispelled fears that the coming into effect of the African Continental Free Trade Area (AfCFTA) agreement was likely to affect revenue collection among countries in the African region. Larry Liza, director of the customs organization in charge of building capacity said countries will need […]

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October 7, 2019

Amendment to EAC Customs Management Act in offing

A proposal to amend the East African Community (EAC) Customs Management Act, 2014, to extend the time for removal of bulk containerized goods from the ports of discharge, is in the offing, in a move likely to reduce the cost of doing business in the region. In the regard, the Assembly has granted EALA legislator […]

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