East Africa Moves Closer to Monetary Union
The 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.
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East Africa:
EAC Moves Closer to Monetary Union
New Times, 27 January 2013
The debate on whether member countries of the East African Community (EAC) need a single currency could be settled this year, leaving the bloc's five countries with a mission to… Read more »
Kenyan currency.
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Rwanda:
Regional Integration Still a Challenge
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 »
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Rwanda:
Is East Africa Ready for a Single Currency
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 »
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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 »
InFocus
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A 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. Read more »
