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Kenya and Tanzania agree to iron out trade barriers


THE STANDARD
NEWS
President Uhuru Kenyatta (PHOTO: PSCU)
NAIROBI, KENYA: A business forum held on Wednesday between Kenya and Tanzania agreed to iron out challenges constraining business between the neighbouring countries.
President Uhuru Kenyatta and Tanzania counterpart Samia Suluhu Hassan during the forum noted that trade opportunities between the two countries have not been fully exploited. Trade volume between the two countries was valued at Sh60.4 billion in 2012 and Sh47.5b, Sh45.6billion and Sh47.5 billion in 2016, 2017 and 2018 respectively.
In 2020, President Uhuru Kenyatta noted that the volume was valued at Sh50 billion.
“Trade between the two countries has thrived over the past due to robust private sector, entrepreneurial citizen among other factors, however from the volumes we have not exploited the opportunities to full capacity,” he said. ....

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Dar es Salaam Stock Exchange: Discussing Capital Markets in Tanzania with Moremi Marwa


Dar es Salaam Stock Exchange: Discussing Capital Markets in Tanzania with Moremi Marwa
Marcopolis presents the Tanzania Report focused on topics such as economy, investments and doing business, featuring interviews with Tanzania s leaders. The sectors under review in this issue are agriculture, banking, construction and real estate, energy, financial services, exports, industry, tourism, logistics and many more. 
Interviews12.21.2020
Moremi Marwa, CEO of Dar es Salaam Stock Exchange
Can you elaborate on the impact of COVID on the capital market?
COVID-19 has had an impact on almost every nation and every
Tanzania being part of the global economy also had its own impact. However, the impact was limited in the sense that our social and economic activities were not much impacted by the lockdown. Our lockdown was partial, in terms of restricting some of our movements, and that was for only three months, from mid-March to June. From there, the government, ....

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