Single East African Currency EncouragedA report by the African Development Bank says that if a monetary union is achieved, it will benefit in a greater macroeconomic convergence in the region.
East Africa: Will New EAC Learn From Old?
Observer, 30 December 2012
The new East African Community has a membership of five partner states, up from the original three that founded the EAC in 1967 and dissolved it in 1977. Read more »
Tanzania: Kikwete Cautions EAC On Monetary Union
Arusha Times, 8 December 2012
President Jakaya Kikwete has advised the East African Community Secretariat in Arusha to be cautious as far as the proposed monetary union in the region is concerned. Read more »
Tanzania: Kikwete for Gradual Monetary Union
Daily News, 29 November 2012
PRESIDENT Jakaya Kikwete has advised the East African Community (EAC) Secretariat here to take things slowly as far as the proposed Monetary Union in the region is concerned. Read more »