Trade wars-East Africa Edition

East Africa

The trade wars between the three East African Countries continues. The war was originally between Kenya and Tanzania but now it’s seems Uganda wants in. The war started when Kenya and Tanzania did not resolve a dispute on the use of imported materials to manufacture goods in the countries.

Kenya and Tanzania continue to hit each other with a 25% levy. Kenya targets Tanzanian products like flour and Tanzania targets Kenya’s edible oil and also a cement brand produced by Bamburi.

The EAC is a common market and allows free movement of locally manufactured goods. Uganda and Tanzania are however accusing their Kenyan counterparts of tightening the competition by using imported industrial products.

Kenya Manufacturers have lamented that they have lost up to a minimum of 58% worth of EAC business since the year 2012 when Uganda and Tanzania started enforcing strict barriers at their borders.

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