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Is Economic Federation of EAC a curse?

Written By: admin on January 22, 2010 299 Comments

The East African Community (EAC) is fast-tracking its economic federation. Rwanda led by example and stopped requiring East Africans to have work permits in order to work in the little Republic that now boasts all the trappings of great economic foundations. Thanks to strongman Paul Kagame. Kenya is on high gear to abolish work permit for member country citizens.

This federation brings with it concerns and excitements. Kenyans love the opportunity to venture into other territories. Tanzanians are grappling with how they will ever contain the aggressiveness of Kenyans, when allowed to prowl their otherwise temperate life. As they say in Nairobi; watajipanga.

Ugandans on the other hand initially complained that based on Kenya’s economic muscle, they may be muzzled and be compelled to the back banner. Burundi too has its anxieties. The only lots sitting pretty are Kenyans and Rwandese.

The likely results on this federation, if a full one is attained, are reduced costs of living for consumers and better service delivery. Free movement and investment opportunities will increase rapidity of delivery of goods because of reduced or eliminated border clearing procedures. With reduced or abolished tariffs between participating nations, products will cost less at the consumer’s table.

Just like beauty, curse or blessing, it all lies in the mind of the beholder.

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