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.

  • 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.

  • 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 »

  • 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 »

  • 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 »


See What Everyone is Watching