Connect with us

Hi, what are you looking for?

Capital Business
Capital Business
URA Legal Services Commissioner Patience Rubagumya exchanges documents with KRA boss Njiraini

Kenya

Kenya, Uganda to establish Electronic Cargo Tracking System

URA Legal Services Commissioner Patience Rubagumya exchanges documents with KRA boss Njiraini

URA Legal Services Commissioner Patience Rubagumya exchanges documents with KRA boss Njiraini

NAIROBI, Kenya, Feb 7 – The Kenya Revenue Authority (KRA) and Uganda Revenue Authority (URA) have signed a memorandum of understanding (MoU) to facilitate the establishment of a regional Electronic Cargo Tracking System (ECTS).

The MoU was signed by URA Commissioner General Akol Doris and her Kenyan counterpart John Njiraini at the just concluded East African Revenue Authorities Commissioners General (EARACG) meeting, in Nairobi.

Njiraini said: “The MoU will facilitate the integration of a regional ECTS to provide real time tracking of the movement of goods under customs control along the Northern Corridor, minimize diversion of goods under customs control, provide timely response to transit alerts, identify supply chain trends and hence enhance the decision making process and to safeguard national security.”

In line with the MoU signed over the weekend, both KRA and URA will ensure that there is an effective and efficient Regional ECTS system that will minimize transit diversion, safeguard against revenue loss, expedite the seamless movement of goods, promote trade facilitation and lead to reduced costs of doing business within both Kenya & Uganda.

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...

Headlines

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

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...

Coronavirus

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

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...

Headlines

NAIROBI, Kenya, Mar 16 – The World Bank has given the Kenyan government USD 60 Million (Sh6.1 billion) to help combat the deadly coronavirus pandemic...