Kennedy Musyoka says single currency will boost trade in EAC region
Politics
By
Edwin Nyarangi
| Nov 21, 2022
East Africa Legislative Assembly (Eala) MP-elect Kennedy Musyoka (pictured) has said having a single currency will be a game-changer for East African Community member states.
Musyoka, who was re-elected to Eala last week, said the move would make trade easier.
He was optimistic that the fifth regional Parliament to be inaugurated in December in Arusha, Tanzania will continue with the good work and called for support of the citizens of the EAC member states.
"The East African Legislative Assembly has been committed to ensuring that the seven-member states work towards regional integration, having a borderless economy and our people becoming culturally linked since God had a reason for having us as neighbours," said Musyoka.
READ MORE
KQ suspends flights to Kinshasa over detention of staff
Kenyan retailers ready to pounce as Ethiopia to open up market
Hiring civil servants on contract will fuel corruption, experts say
Absa Life Assurance earnings jump 84pc to Sh667 million
Ruto pushes rich nations to boost funding for poor States
Counties sitting on Sh1b emergency fund amid raging floods
Poultry players protest US import deal plan
Uptake of AI-powered home solutions low despite many benefits
Logistics firm eyes bigger market pie after MSC pact, rebrand
The Eala legislator said the regional parliament has been working towards the elimination of non-tariff barriers among the EAC member states since they have many things in common.
Musyoka noted that the biggest challenge in the region is the diplomatic tiff between EAC member states which slows integration efforts.
- KQ suspends flights to Kinshasa over detention of staff
- Hiring civil servants on contract will fuel corruption, experts say
- Kenyan retailers ready to pounce as Ethiopia to open up market
- Is government on 'fuliza' mode?
- Scented success: Passion for cologne birthed my venture