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Uganda's Economy Encourages Kenyans at the Border To Conduct Business in the Country

There is a host of bus services connecting all East African capitals and major cities, but with EAC-enhanced co-operation in the area of transport, East Africans can now drive private cars across borders and across the entire EAC region, free of charge, for visits no longer than seven (7) days thus enhancing movement across the border.

Ukur Yatani said the economy which grew by 0.6 percent in 2020 due to the triple threats of COVID-19, locust invasion and floods will also be buoyed by stable inflation, interest and forex rates as well as growth in private sector lending and the credit guarantee scheme for small and medium enterprises.

The World Bank also had predicted Kenya's economy to grow at 6.9 percent in 2021, saying continued support from lenders in terms of public health interventions and support to the private sector are likely to spur Kenya's strong economic growth.

Harsh economic times are driving several residents of West Pokot to neighbouring Uganda where basic commodities are affordable compared to Kenya.

(Turkana/West Pokot) and Uganda (Karamoja) cross-border region have experienced crossing in and out the countries because of increased tax on comodities

Uganda’s economy shrank in 2020 for the first time in more than a decade as measures to control the coronavirus pandemic ground several sectors to a halt, figures published on Monday showed.

Content created and supplied by: Ooliskia_Wapi (via Opera News )

East Africans Kenya Uganda Ukur Yatani West Pokot


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