Connect with us

Hi, what are you looking for?

Capital Business
Capital Business
“I urge you to take part in this historic process and help in electing suitable leaders both at national and county levels,” said the President/PPS

Kenya

Exploit EAC trade opportunities, Kibaki urges Kenyans

“I urge you to take part in this historic process and help in electing suitable leaders both at national and county levels,” said the President/PPS

BUJUMBURA, Burundi, Jul 3 President Mwai Kibaki has called upon Kenyans to take advantage of the trade opportunities provided by the East African Community to diversify their investments.

Addressing the Kenyan diaspora in Burundi on Monday night, President Kibaki, who is in Burundi on a state visit, said the East African Customs Union and Common Market Protocol provide for the free movement of labour, capital, goods and services across the five countries which will accelerate inter-country trade, investment and regional development.

Said the President: “With a total population of over 120 million people, EAC provides a huge market for producers of goods and services in this region.”

President Kibaki reaffirmed the government’s commitment to fully implement all aspects of the Common Market Protocol saying Kenya is actively encouraging other EAC Member States to remove any barriers to the trade agreement.

The President thanked the Kenyan diaspora in Burundi for taking the bold step of investing in Burundi, an initiative that fostered the spirit of the East African Community.

On the same note, President Kibaki impressed on Kenyans in the diaspora to register as voters in areas to be designated in the countries of residence to be able to participate in the forthcoming General Election, the first under the new Constitution.

“I urge you to take part in this historic process and help in electing suitable leaders both at national and county levels,” said the President.

The meeting was attended by Cabinet Ministers Pro. Sam Ongeri, Dalmas Otieno, Moses Wetangula, Dr. Mohamed Kuti, Prof. Margret Kamar and Assistant minister Bifwoli Wakoli and Kenya’s Ambassador to Burundi Benjamin Mweri among other senior government officials.

Click to comment
Advertisement

More on Capital Business

Executive Lifestyle

NAIROBI, Kenya, Mar 12 – The country’s super wealthy individuals are increasing their holding of bonds, gold and cash, a new report by Knight...

Ask Kirubi

NAIROBI, Kenya, Mar 9 – Businessman and industrialist Dr. Chris Kirubi has urged members of the public to exercise extreme caution when making any...

Ask Kirubi

NAIROBI, Kenya, Mar 24 – Businessman and industrialist Dr. Chris Kirubi is set to own half of Centum Investment Company PLC, following a go-ahead...

Ask Kirubi

It is without a doubt that the COVID-19 pandemic has caught the whole world by surprise. Although its full impact is yet to be...

Headlines

NAIROBI, Kenya, Mar 18 – Commercial Banks have been ordered to provide relief to borrowers on their personal loans, with loans eligible from March...

Kenya

NAIROBI, Kenya, Jun17 – Kenya’s tea leaves manufacturer Kericho Gold, has been awarded the Superbrands Seal by Superbrands East Africa for their quality variety...

Coronavirus

NAIROBI, Kenya, Apr 13 – As the local telecommunications industry gears up to roll out 5G networks in the country, the Communications Authority of...

Coronavirus

NAIROBI, Kenya, Mar 22 – Airtel Kenya is offering free internet access for students in order to enable continued learning at home in the...