DRC tops revenue charts for Kenyan banks in EAC

By JAMES ANYANZWA The Democratic Republic of Congo (DRC) has overtaken Rwanda as probably the most worthwhile marketplace for subsidiaries of Kenyan banks inside the East African Group (EAC), highlighting the alternatives within the mineral-rich Central African nation. Newest information by the Central Financial institution of Kenya (CBK) exhibits that the pre-tax revenue realised within…

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“Kiswahili Kitukuzwe!” Regional leaders push for modification of the East African Neighborhood (EAC) Treaty to fast-track using Kiswahili as an EAC official language

Regional leaders and stakeholders have renewed the decision to the East African Neighborhood (EAC) Council of Ministers to fast-track the method of amending the Treaty for the Institution of the East African Neighborhood (EAC) to allow the utilisation of Kiswahili as an official language of the bloc. As tons of of individuals gathered on Sunday to rejoice…

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East African Neighborhood (EAC) Ministerial Retreat on Peace and Safety, is going on in Zanzibar, United Republic of Tanzania

Dwelling » Common » East African Neighborhood (EAC) Ministerial Retreat on Peace and Safety, is going on in Zanzibar, United Republic of Tanzania Posted By: July 8, 2024 Obtain emblemThe EAC Ministers accountable for International Affairs and East African Neighborhood along with EAC Secretary Common are attending a three-day retreat in Zanzibar. The primary goal…

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New EAC member Somalia pays full price range contribution, surpassing DRC and different members

Somalia has paid $7.8 million, its full price range contribution dues for the monetary 12 months 2024/25. Mogadishu beat the Democratic Republic of Congo, which joined the bloc two years in the past and has but to contribute a cent. President Hassan Sheikh Mohamud’s authorities despatched in $7,853,071 final month, simply earlier than the EAC…

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EAC finance ministers current 2024/25 nationwide budgets

By JAMES ANYANZWA East African finance ministers are presenting their spending plans for the 2024/2025 fiscal 12 months towards a backdrop of a fragile working atmosphere fuelled by rising public money owed, excessive gas costs, falling family and enterprise incomes and international geopolitical tensions within the Center East and Japanese Europe, that are colluding to stifle financial progress within the…

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