East Africa Moves Closer to Monetary UnionThe debate on whether to implement the single currency idea could reportedly be settled this year, with analysts warning that some conditions will need to be improved before it can be in use.
New Times, 21 January 2013
A new report by African Development Bank has proposed the establishment of a single currency in the Common Market for East and Southern Africa (Comesa) member countries, a move… Read more »
New Times, 25 September 2012
Economic experts have warned of tough economic consequences if the East African Community rushes the establishment of the single currency owing to political pressure. Read more »
East Africa: EAC Common Currency a Long Shot - KWS Boss
The Star, 17 September 2012
The East African Community common currency plans are not achievable in the near future, according to the Kenya Wildlife Service Director Julius Kipngetich. He said the member… Read more »