EA EXPORT FUND

Issue 03

EA Market
Newsletter
Published monthly
EA Market Newsletter is a free monthly enewsletter that provides news, updates, and
new developments in the East African
regional Market.
The newsletter is published & owned by EA
Export Fund (www.eaefund.com)
EA Export Fund is an initiative of SSC
Consulting

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Local Headlines
Inflation slightly increases to 6.3% in October 2015
Tanzanian inflation slightly increased to 6.3% in October 2015
from 6.1% in September 2015, mainly attributed to food and nonalcoholic beverages

Tanzania slightly improves its ranking on Ease of

Doing Business on 2016 Index
Tanzania has slightly improved its ranking on Worlds Bank Ease of
Doing Business Index 2016 to 139 out of 189 economies from 140
in 2015.
The country made only one reform by reducing the importing and
exporting time through the implementation of Tanzania Customs
Integrated System.

Dangote starts operations in Tanzania

Dangote cement has recently launched its USD 500m cement
plant in Mtwara while giving much hopes for the potential reduced
construction costs in Tanzania.
The new plant has a total capacity of 3,000 metric tonnes per
day (TPD) of clinker output, and is working at almost 100% of
its capacity with three packing machines at a rate of 2,400
bags per hour or 2,880 TPD

Read more at:

http://www.tanzaniainvest.com/industry/dangote-startsoperations-at-mtwara-new-cement-plant

ISSUE # 4, NOVEMBER 2015

EAC Updates
EAC Science Technology Commission launched
The East African Science and Technology Commission (EASTECO) has
been launched to promote and coordinate the development,
management, and application of science and technology in the
regional integration and socio-economic development of the people in
the region

UK and Pakistan overtaken Tanzania as among top

buyers of Kenyan Goods
Tanzania, which was once the second largest buyer of Kenyan goods
has changed its position, attributed to the growth of manufacturing
sector locally.
Its position now taken by UK and Pakistan who purchased Kenyan
goods worth USD 280m and USD 209m respectively in the 9 months
to September 2015

Northern Corridor transport rates decline

According to 2015 East Africa Logistics Performance Survey, The
average transport cost from Mombasa to Kampala came down from
$3,400 in 2011 to $2,500 in 2015, while the rates from Dar-es-Salaam
to Kampala have increased from $2,507 in 2011 to $4,500 in 2015

EA EXPORT FUND MONTHLY NEWSLETTER | Issue04

AROUND THE REGION

FAST FACTS
East African Community

Kenya news

Uganda news

Rwanda news

Burundi news

President Uhuru
calls more
participation in EA
integration

Uganda eyes
Kenyan market for
its sugar.

Rwanda Blames
Sugar Shortage on
Region's Hefty
Import Tariff

Inflation eases in
September 2015

The Kenyan
President has said
citizens of the
region are yearning
to freely move,
work and enjoy the
tangible benefits of
integration.

President
Museveni has
assured Sugar
Corporation of
Uganda limited,
that part of the
900,000 tonnes of
sugar that the
company produces
which cant be sold
locally will find
market in Kenya

Kigali says the EAC's

common external
tariff (CET) of 25 per
cent and VAT of
18% on sugar from
outside the region
has crippled the
capacity of its sugar
traders to create the
commercial
relationships in the
global sugar market

Inflation Rate in Burundi

fell to 4.1 Percent in Sep
2015 from 4.2 Percent in
Aug 2015

Surface area (incl. water):

1.82 million sq. km

Population:

145.5 million

EXPORT TIPS

Important links

GDP (market prices):

$147.5 billion

.What is Common External Tariff (CET)?

www.trademarkea.com

GDP per capita:

$1, 014

The single tariff rate agreed to by all members of a

customs union on imports of a product from outside the
union.

www.eac.int

A common external tariff must be introduced when a

group of countries forms a customs union. The same
customs duties, import quotas, preferences or other
non-tariff barriers to trade apply to all goods entering
the area, regardless of which country within the area
they are entering

www.ssc.co.tz

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fund

intermediary

initiative

established to increase Trade among the

EAC member states
The Fund provides;

Funding intermediary

Technical support

Information exchange

Trade advocacy

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