Kenya, Uganda and Tanzania currencies. The Common Market Protocol paves the way for exchange of labour and services among the EAC partners. PHOTO | FILE
A recent study by the East African Legislative Assembly indicated that in terms of movement of capital, only two — external borrowing and repatriation of proceeds from sale of assets — out of 20 capital operations are free of restrictions in all the partner states.
Kenya Private Sector Alliance chairman Vimal Shah said that the big stumbling block is the disparity in infrastructure in the member states, which increases transportation costs between the countries.