EAC revives capital markets committee to power monetary union push

EAC revives capital markets committee after six-year break Regional regulators push for stronger market integration Committee links capital markets reforms to monetary union goals East African Community (EAC) Partner States are set for closer coordination on capital markets after the bloc reactivated a technical committee that had been dormant for six years, positioning the region…

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Stakeholders inspect the proposed site for the Busia Jumuiya Cross-Border Market as plans for the Sh2 billion facility take shape. PHOTO| courtesy

Busia eyes Sh2bn cross-border market as stakeholders map out design

Busia plans a Sh2 billion market to boost cross-border trade Stakeholders work on the design of the proposed trading facility Plans include smart stalls, cold rooms and solar power infrastructure A vision decades in the making took another step forward this week, as government agencies and development partners spent two days thrashing out the details…

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Richard Muteti OGW, HSC, Chief Executive Officer of CMSEO EA. PHOTO| Courtesy

Regional body urges calm amid Kenya foreign trader crackdown

Regional trade body urges foreign traders to remain calm. CMSEO EA says the directive targets undocumented businesses, not lawful traders. Traders are urged to keep immigration and business documents in order. Nairobi’s small business scene has been on edge lately, and now a regional trade body wants to bring the temperature down. The Confederation of…

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