Battle: Dar es Salaam vs Nairobi

Battle: Dar es Salaam vs Nairobi


I have a piece of land few meters from there and I can tell you there is always a conflict in relation to local zoning laws since this part of Nanyuki is in Nyeri county whereas the rest of the town is in Laikipia county. Thank you for highlighting this. I will immediately call both Nyeri and Laikipia county offices and verify which county is responsiblle. Will get back with you . Action will be taken.
 

hapo hatuna direct flights kwenda tourists' source countries! air Tanzania haiendi Europe wala US! Pata picha siku tunaanza kwenda! I bet at least $200 mln will come from aviation alone! Kuna nchi ya Ukunduni inaenda EU na US na still ipo chini yetu as far as receipts r concerned! Ninaamini in next two years tutaruhusiwa kwenda EU na US!

mwathadan IamLee NairobiWalker nairobae Nicxie n Teargass
 
EACHeadquarters-1320x875.jpg


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Monitor - UGJanuary 23, 2026News

EAC single currency elusive as states yet to agree on host of regional central bank​

More than a decade after preparations began, the establishment of an East African Central Bank remains elusive as member states of the East African Community (EAC) are yet to agree on which country should host the East African Monetary Institute, the institution meant to pave the way for a regional central bank.

The East African Monetary Union, adopted under the EAC Treaty and signed on November 30, 2013, laid the foundation for a monetary union within ten years and provided a framework for partner states to gradually converge their national currencies into a single regional currency. However, progress has been slower than initially envisioned.

Bank of Uganda executive director for research, Adam Mugume, said the process has been delayed mainly by political disagreements among partner states over the location of the East African Monetary Institute, which is supposed to carry out preparatory work such as the design of the single currency.

“The EAC Council of Ministers was expected to meet and make a recommendation to the Heads of State Summit on where to host the institute and the regional central bank,” he said, noting that “hopefully a political solution will be reached soon. For now, the timeline for the EAC single currency remains 2031”.

Dr Mugume has been leading negotiations on the formation of the East African Monetary Union and the eventual establishment of the EA Central Bank.

The regional central bank is considered important for the bloc because enhanced regional cooperation would help monitor and manage cross-border financial risks, particularly among interconnected banks operating across several jurisdictions.

Such coordination could prevent financial shocks in one country from spreading across the region. It would also play a key role in stabilising exchange rates, supporting intra-regional trade, and reducing economic uncertainty.

As part of the roadmap toward a single currency, EAC partner states aim to harmonise monetary and fiscal policies, align financial, payment, and settlement systems, standardise accounting and reporting practices, improve statistical frameworks, and ultimately establish a regional central bank.

In May last year, the 28th Ordinary Meeting of the EAC Monetary Affairs Committee was held in Mombasa, Kenya, in which central bank governors and their representatives reviewed progress in implementing the revised roadmap toward achieving the East African Monetary Union by 2031.

The meeting noted significant progress in harmonising monetary and exchange rate policies and aligning principles and rules governing the regulation and supervision of the region’s financial system.

Governors also reported advances in harmonising information technology infrastructure, strengthening risk and crisis management frameworks, promoting climate risk awareness, expanding the use of the East African Payments System, and aligning governance, legal, and regulatory standards for payment systems.

The committee further observed that partner states have made notable progress in implementing the EAC Macroeconomic Convergence Criteria.

Story by Martin Luther Oketch


View: https://x.com/ntvkenya/status/2014670678537224546

MY TAKE
Haitakaa turuhusu hii organ iwekwe Ukunduni tulijifunza mengi baada ya EAC ya kwanza kuwa na central Bank Nairobi! It will never happen! Never again!
mwathadan IamLee NairobiWalker nairobae Nicxie n Teargass

Nyinyi wenyewe hata kuchangisha fedha za kuindesha eac imewalemea ndo sasa usemi mtatoa wapi
 
Nyinyi wenyewe hata kuchangisha fedha za kuindesha eac imewalemea ndo sasa usemi mtatoa wapi
endelea kujitekenya tanzania haidaiwi EAC! na hata ikidaiwa hatuwezi kuwaruhusu ku-host Central Bank!


Financial crisis looms in East African Community as member states owe $58 million​


Solomon Ekanem
28 April 2025 07:51 PM

The East African Community (EAC), a regional intergovernmental organization of six member states, is grappling with a severe financial crisis as members fail to pay their dues.

Financial crisis looms in East African Community as member states owe $58 million

Financial crisis looms in East African Community as member states owe $58 million


  • The East African Community (EAC) is facing a severe financial crisis due to member states' failure to pay their dues
  • The collective outstanding amount owed by member states is $58 million as of March 2025
  • The financial crisis has threatened the operations of the EAC Secretariat and essential programs

As of March 2025, the East African Community Secretariat revealed that member states collectively owe a staggering $58 million in contributions, setting off a string of challenges for the bloc.

This followed a meeting of the EAC Council of Ministers in Arusha, Tanzania this week to address the financial crisis caused by a shortage of funds for programs and staff salaries, which is threatening operations at the Secretariat.

The meeting highlighted the cash shortfall as a top agenda item, alongside security concerns.

This significant shortfall in funding has put essential programs and staff salaries at risk, threatening to halt operations across the bloc.

Zawya reports that the growing debt and the lack of consistent budget remittances from partner states have put the future stability of the EAC in jeopardy.

The EAC​

The East African Community (EAC) is a regional intergovernmental organization comprising six member states: Kenya, Uganda, Tanzania, Rwanda, Burundi, and South Sudan.

Founded in 1967, the EAC aims to promote economic integration, peace, and stability within East Africa. It seeks to foster cooperation in various sectors, including trade, infrastructure development, and security.

The EAC secretariat is also dealing with a staffing crisis, with 150 vacancies and 30 senior staff set to leave by the end of the financial year

The EAC operates through various institutions and organs, including the Council of Ministers, the East African Court of Justice, and the EAC Secretariat, which is based in Arusha, Tanzania.

The organization has made significant strides toward creating a common market and political federation but faces challenges related to financial constraints and member states' commitment.

East African states see cash crunch​


As of March 2025, EAC member states owed $58,048,678 to the bloc, with only Kenya and Tanzania fully paying their contributions.

Uganda has paid 99% of its due amount. The ongoing defaults have forced the EAC Secretariat, led by Veronica Nduva, to scale back operations.

The East African Legislative Assembly (EALA) has skipped sittings, and the East African Court of Justice (EACJ) faces a backlog of over 260 cases, worsened by a lack of permanent judges.

The Secretariat is also dealing with a staffing crisis, with 150 vacancies and 30 senior staff set to leave by the end of the financial year.

A special retreat is planned for May to address these issues.


Solomon Ekanem
Solomon is an Editor at Business Insider, with a keen focus on African development and global economic trends

 
endelea kujitekenya tanzania haidaiwi EAC! na hata ikidaiwa hatuwezi kuwaruhusu ku-host Central Bank!


Financial crisis looms in East African Community as member states owe $58 million​


Solomon Ekanem
28 April 2025 07:51 PM



The East African Community (EAC), a regional intergovernmental organization of six member states, is grappling with a severe financial crisis as members fail to pay their dues.
Financial crisis looms in East African Community as member states owe $58 million

Financial crisis looms in East African Community as member states owe $58 million


  • The East African Community (EAC) is facing a severe financial crisis due to member states' failure to pay their dues
  • The collective outstanding amount owed by member states is $58 million as of March 2025
  • The financial crisis has threatened the operations of the EAC Secretariat and essential programs
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As of March 2025, the East African Community Secretariat revealed that member states collectively owe a staggering $58 million in contributions, setting off a string of challenges for the bloc.
This followed a meeting of the EAC Council of Ministers in Arusha, Tanzania this week to address the financial crisis caused by a shortage of funds for programs and staff salaries, which is threatening operations at the Secretariat.
DON'T MISS THIS: South Africa, Nigeria, Angola hold back sub-Saharan Africa’s growth - World Bank
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The meeting highlighted the cash shortfall as a top agenda item, alongside security concerns.
This significant shortfall in funding has put essential programs and staff salaries at risk, threatening to halt operations across the bloc.
Zawya reports that the growing debt and the lack of consistent budget remittances from partner states have put the future stability of the EAC in jeopardy.

The EAC​

The East African Community (EAC) is a regional intergovernmental organization comprising six member states: Kenya, Uganda, Tanzania, Rwanda, Burundi, and South Sudan.
ADVERTISEMENT

Founded in 1967, the EAC aims to promote economic integration, peace, and stability within East Africa. It seeks to foster cooperation in various sectors, including trade, infrastructure development, and security.
The EAC secretariat is also dealing with a staffing crisis, with 150 vacancies and 30 senior staff set to leave by the end of the financial year

The EAC operates through various institutions and organs, including the Council of Ministers, the East African Court of Justice, and the EAC Secretariat, which is based in Arusha, Tanzania.
The organization has made significant strides toward creating a common market and political federation but faces challenges related to financial constraints and member states' commitment.

East African states see cash crunch​

ADVERTISEMENT

As of March 2025, EAC member states owed $58,048,678 to the bloc, with only Kenya and Tanzania fully paying their contributions.
Uganda has paid 99% of its due amount. The ongoing defaults have forced the EAC Secretariat, led by Veronica Nduva, to scale back operations.
DON'T MISS THIS: U.S. considers investment in Africa's most ambitious gas pipeline project
The East African Legislative Assembly (EALA) has skipped sittings, and the East African Court of Justice (EACJ) faces a backlog of over 260 cases, worsened by a lack of permanent judges.
The Secretariat is also dealing with a staffing crisis, with 150 vacancies and 30 senior staff set to leave by the end of the financial year.
ADVERTISEMENT

A special retreat is planned for May to address these issues.
Solomon EkanemSolomon is an Editor at Business Insider, with a keen focus on African development and global economic trendsFinancial crisis looms in East African Community as member states owe $58 million

Solomon Ekanem
28 April 2025 07:51 PM


The East African Community (EAC), a regional intergovernmental organization of six member states, is grappling with a severe financial crisis as members fail to pay their dues.
Financial crisis looms in East African Community as member states owe $58 million

Financial crisis looms in East African Community as member states owe $58 million



  • The East African Community (EAC) is facing a severe financial crisis due to member states' failure to pay their dues
  • The collective outstanding amount owed by member states is $58 million as of March 2025
  • The financial crisis has threatened the operations of the EAC Secretariat and essential programs


As of March 2025, the East African Community Secretariat revealed that member states collectively owe a staggering $58 million in contributions, setting off a string of challenges for the bloc.​

This followed a meeting of the EAC Council of Ministers in Arusha, Tanzania this week to address the financial crisis caused by a shortage of funds for programs and staff salaries, which is threatening operations at the Secretariat.
The meeting highlighted the cash shortfall as a top agenda item, alongside security concerns.

This significant shortfall in funding has put essential programs and staff salaries at risk, threatening to halt operations across the bloc.
Zawya reports that the growing debt and the lack of consistent budget remittances from partner states have put the future stability of the EAC in jeopardy.


The EAC​

The East African Community (EAC) is a regional intergovernmental organization comprising six member states: Kenya, Uganda, Tanzania, Rwanda, Burundi, and South Sudan.

ADVERTISEMENT​
Founded in 1967, the EAC aims to promote economic integration, peace, and stability within East Africa. It seeks to foster cooperation in various sectors, including trade, infrastructure development, and security.
The EAC secretariat is also dealing with a staffing crisis, with 150 vacancies and 30 senior staff set to leave by the end of the financial year

The EAC operates through various institutions and organs, including the Council of Ministers, the East African Court of Justice, and the EAC Secretariat, which is based in Arusha, Tanzania.
The organization has made significant strides toward creating a common market and political federation but faces challenges related to financial constraints and member states' commitment.


East African states see cash crunch​


As of March 2025, EAC member states owed $58,048,678 to the bloc, with only Kenya and Tanzania fully paying their contributions.​

Uganda has paid 99% of its due amount. The ongoing defaults have forced the EAC Secretariat, led by Veronica Nduva, to scale back operations.
The East African Legislative Assembly (EALA) has skipped sittings, and the East African Court of Justice (EACJ) faces a backlog of over 260 cases, worsened by a lack of permanent judges.
The Secretariat is also dealing with a staffing crisis, with 150 vacancies and 30 senior staff set to leave by the end of the financial year.


A special retreat is planned for May to address these issues.
Solomon Ekanem
Solomon is an Editor at Business Insider, with a keen focus on African development and global economic trends

Sawa kiongozi wa eac
 
I have a piece of land few meters from there and I can tell you there is always a conflict in relation to local zoning laws since this part of Nanyuki is in Nyeri county whereas the rest of the town is in Laikipia county. Thank you for highlighting this. I will immediately call both Nyeri and Laikipia county offices and verify which county is responsiblle. Will get back with you . Action will be taken.
but thats how half nairobi is, nilienda kawangware at one time nlihisi kuzimia
 
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