The call for health insurance comes amidst concerns that some of the states in East Africa have not rolled out health Insurance schemes for their citizens. Currently Kenya and Rwanda seem to have functioning health insurance schemes.
Dr. Richard Mshomba, an Economics Professor at La Salle University and author of a book about economics of integration in East Africa argues that Somalia should be allowed to grow trade with East Africa until a time when it is ready. Mshomba says the EAC currently doesnt have a plan to manage admission of new members.
The EAC Leaders Summit is also expected to adopt the Monetary Union Protocol that will clearly indicate the path to a single currency for East Africa over the next 10years. Currently, the finance ministers of the region are in closed door talks to pun-out the final print that the five presidents will adopt.
The East African Civil Society Organization Forum (EACSOF), a body that brings together CSOs in the region, is seeking to address the insufficient participation of citizens in the East African Community (EAC) integration process. According to EACSOF, lack of citizen voices in EAC affairs has undermined their contribution to policy making and implementation, leaving them as spectators of economic and socio-political changes that are taking root in their respective member states.
According to the East African Communityâ€™s (EAC) Common Market Protocol, exporters must get rules of origin certificate among other documents. The certificate gives credit to the country of origin and the same time ensures exemptions on import duty.
As the 5 member States of the East African Community (EAC) prepare to enter a monetary union, some business people in Kampala are still unaware of the benefits that could accrue from the union. Ministers from the EAC adopted the draft protocol on setting up the East African Monetary Union during the 27th extra-ordinary meeting of the Council of Ministers that was in Arusha, Tanzania last week.
A report from the 3rd Sectoral Council on the East African Community Monetary Union (SCEAMU) sitting shows that some of the requirements for macro-economic convergence for the realization of the union include ensuring that headline inflation doesnâ€™t rise beyond 8 percent.
Speaking to Uganda Radio Network (URN) on phone Justin Jing, the Economic and Commercial Third Secretary at the Embassy of the Peopleâ€™s Republic of China, said that for instance, under a special preferential treatment China has opened its market to 4, 721 product lines from Uganda
Musiige Sam Mukitale, Principal Commercial Officer at the Ministry of East African Community Affairs (EACA) explained that NTBs are not taxable, but are measures used to cross check goods moving within the country and across its borders.