Rwanda, Tanzania to boost cross-border trade
RWANDA| Oct. 18, 2012, 6:22 a.m.
The Ministries of Trade and Industry from Rwanda and Tanzania have agreed on a series of measures to promote cross border trade.
In a two day meeting in Kigali this week, Rwanda’s Minister of Trade Hon. Kanimba François and his Tanzanian counterpart, Deputy Minister for Industry and Trade Gregory G. Teu, agreed to work jointly to improve infrastructure and procedures at Rusumo border including fast-tracking construction of the One-Stop-Border-Post, establishing Trade Information Desks.
"We have also agreed to work on ensuring enough reliable power and interfacing of the Rwanda Revenue Authority (RRA) and Tanzania Revenue Authority (TRA) Customs Information Technology systems using RADDEX,"Minister Kanimba said
Among other resolutions were that tax collection bodies from both countries would consult and reach consensus regarding the possibility of accepting a single customs bond for both Rwanda and Tanzania instead of the current situation where Rwandan traders are required to execute customs security bonds to cover Rusumo and Kigali.
Tanzania on its side agreed to expedite ongoing projects to expand and modernize the port of Dar es Salaam and construct a new port at Bagamoyo and work out the process of extending 24-hour operations system to all other border stations to facilitate prompt clearance of goods.
According to Teu, Tanzania will expedite the study on optimal number of weighbridges, road blocks and checkpoints whose results are expected in December, to comprehensively resolve any outstanding issues.
MORE RWANDA NEWS
Rwanda, MasterCard collaborate on cashless societyThe Government of Rwanda has announced a collaboration with MasterCard to fast-track the country’s move to include 90 percent of its citizens in the financial mainstream. Read More
Infrastructure investments highlight bright spots for SSA economic diversificationThe commodity super cycle may have ended, but there are certainly bright spots for investors across sub-Saharan Africa, IHS has told the World Economic Forum on Africa. Read More
Africa’s CEOs look to innovation and technology to stimulate growthCEOs in Africa are ramping up their efforts to innovate and find new ways to do business on the continent, according to PwC’s Africa Business Agenda released at the 26th World Economic Forum on Africa in Kigali. Read More
Smart Africa seeks One Africa NetworkICT Ministers and telecoms regulatory bodies meeting in Kigali have resolved to implement the new One Africa regional telecommunications framework initiative this year. Read More
New cloud platform offers SMEs greater convenienceMTN Business has unveiled a new cloud delivery platform in Rwanda and Cameroon, which will enable SMEs to access cloud services with greater ease. Read More
Safaricom, MTN Rwanda partner on mobile money transfersIn a move aimed at deepening financial inclusion and boosting regional trade, Safaricom has partnered with MTN Rwanda to enable customers to make mobile money transactions between Kenya and Rwanda. Read More
Ericsson, Worldwide E-Learning Campus invest in ICT skills development in RwandaWorldwide E-Learning Campus (WEC) in Rwanda has launched a partnership with Ericsson to develop professional ICT competencies within the country. Read More
Tigo Rwanda launches end of year Mega Cash promoTigo Rwanda has announced the launch of its Mega Cash SMS-based promotion Tigo Bonane set to make one millionaire every day. Read More
Tigo launches DRC-Rwanda cross border money transferTigo has launched a cross border money transfer service between Rwanda and the Democratic Republic of Congo. Read More
FEATURED STORYGovernment should encourage youths in ICT early
Youths should be given more encouragement to develop their ICT skills, an 11-year-old app developer told Kokumo Goodie.
BEST READ NEWS
IN DEPTHIBM Opens First Cloud Data Centre in South Africa
IBM is opening a new IBM Cloud Data Centre in Johannesburg, South Africa. The new cloud center is the result of a close collaboration with Gijima and Vodacom and is designed to support cloud adoption and customer demand across the continent.
COMPANY NEWSResolving the data centre disconnect
The disconnect between virtualised applications and physical storage is costing businesses time and money.Separating the attack that matters from the noise
It has almost become the norm for a business to be compromised by a security attack. The emphasis today is thus more on how a business responds ...MTN Business partners SMEasy to give entrepreneurs access to easy accounting solutions
MTN Business, in partnership with online accounting tool SMEasy, today announced the launch of an agile, fit for purpose business management and easy accounting solution for small ...