Friday, December 23, 2011

Kenya reaps lion’s share from EAC economic integration


As far as expanding export markets goes, 2011 will be the year when Kenya’s involvement in regional economic integration has paid the highest dividends.

The East African Countries have steadily opened their borders to Kenyan firms, allowing them to expand their markets and areas of operation as key allies in the West limp from one form of economic crisis to the other.

This trend is captured by latest data of Kenya Revenue Authority (KRA) indicating that exports to Uganda – Kenya’s single largest trading partner – grew to Sh50.4 billion in the first 10 months of 2011 alone, a 42 per cent jump compared to 2011. Read on at source: Business Daily

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