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November 2017
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EDITO
Sunday, 19 November 2017

The European Union has invited the government of Tanzania for dialogue over the Economic Partnership Agreement impasse that has threatened to derail the trade pact between the bloc and the East African Community member countries. The head of the EU delegation to Tanzania and the East African Community, Roeland van de Geer, said they were awaiting Dar es Salaam's position on the matter."What is important is that we have dialogue," said Mr Geer during the Europe Day celebrations in the Tanzanian political capital Dodoma last week. "Tanzania has its own convictions, the EU have theirs. Tanzania is a sovereign country and should take its own decisions," he said, underscoring the importance of the dialogue.

Wednesday, 17 May 2017

The Regional Economic Communities (RECs) have been established in a bid to garner all opportunities on the ground and boost trade and investment across Africa. Yet, intra-trade among African countries is valued at 12 per cent. This figure, however, remains dwarf as compared with other continents, such as North America and Western Europe which stands at 40 per cent and 60 per cent respectively.Ethiopian Chamber of Commerce and Sectoral Associations (ECCSA) President Solomon Afework told The Ethiopian Herald that regional trade integration has long been a strategic objective for Africa.

A Short Messaging Service has been launched for reporting trade barriers in the Common Market for Eastern and Southern Africa (Comesa), the East African Community (EAC) and the Southern African Development Community (Sadc), according to The Herald. This supplements the existing web-based reporting system. The Tripartite system for reporting, processing, monitoring and resolving non-tariff barriers (NTBs) is available on www.tradebarriers.org and went live in November 2010. The SMS tool was first launched in 2013 in Zambia to facilitate a diverse spectrum of economic operators, especially the informal and small scale traders who may not have access to the internet.

Only 100,000 hectares of arable land, out of Angola’s 5 million hectares, are annually prepared using machinery and/or animal traction for sowing and harvesting agricultural products, the agriculture minister said on Thursday in Luanda. Minister Marcos Nhunga also said that the rest of the available land is still tilled using hoes, which is worrying and reveals the low level of agricultural mechanisation in Angola.

The Mozambican and Brazilian governments signed a number of legal agreements in Maputo on Thursday to promote and strengthen bilateral cooperation relations, including one relating to social security, during an official visit to the country by Brazil’s foreign minister. The agreements were signed by the Ministers of Foreign Affairs and Cooperation of Mozambique, Oldemiro Balói and of Brazil Aloysio Nunes Ferreira Filho, and the Mozambican minister noted the importance of the social security agreement, which establishes that citizens of both countries have the same rights, specifically in relation to old-age and sickness benefits.