Intra-EAC trade slumps after execution of 35pc tax on imports

Namanga border

Police officers clearing a truck at the Namanga border between Kenya and Tanzania. PHOTO | FILE | NMG

Trade among East African Community partners has taken a dive since the implementation of a 35 percent tax on imports a year ago, says a report by the East African Business Council (EABC).

The October 2 report on implementation of EAC Common External Tariff (CET) says the band is yet to stimulate industrialisation to generate an adequate supply of products for trade in the regional Customs Union and Common Market.