Kampala — The private sector in East Africa has asked Tanzania to harmonise the preferential treatments it offers to transit goods as a way of encouraging use of the central corridor.
It is a busy morning at the Nyakuron market in Juba. But along with the meat, produce and textiles, economic hardship is also on display, as South Sudanese struggle to buy and sell goods that have become increasingly more expensive, especially within the last year.
South Africa’s President Jacob Zuma narrowly escaped a call from some senior members of the governing party’s national executive committee for him to step down. The first stern action from inside the ANC leadership against Zuma, while quelled by his supporters, is reverberating far and wide. The economic cluster of government is likely to be the main target. The Conversation Africa’s business and economy editor Sibonelo Radebe asked Jannie Rossouw what impact this will have on the economy.
The current stand-off between the president of the Uganda National Chamber of Commerce and Industry and the Ministry of Trade and Industry is both unwise and unviable and can only further damage private sector confidence and generate uncertainty among the chamber membership.