Ocnus.Net
News Before It's News
About us | Ocnus? |

Front Page 
 
 Africa
 
 Analyses
 
 Business
 
 Dark Side
 
 Defence & Arms
 
 Dysfunctions
 
 Editorial
 
 International
 
 Labour
 
 Light Side
 
 Research
Search

Africa Last Updated: Oct 9, 2019 - 4:34:24 PM


South Sudan, Tanzania set to implement regional cargo system
By FurtherAfrica, October 8, 2019
Oct 8, 2019 - 9:43:10 AM

Email this article
 Printer friendly page

South Sudan and Tanzania are set to begin implementing the Regional Electronic Cargo Tracking System (RECTS) to boost tax collection in the East African Community (EAC) trading bloc, an official said on Monday.

Ukur Yatani, acting cabinet secretary for National Treasury, said that Kenya is already collaborating with other northern corridor countries, Uganda and Rwanda, to implement the system that is used to monitor cargo transiting through Kenya to neighboring countries within the EAC.

“Plans are underway to roll out the RECTS to include South Sudan, Tanzania and ultimately to destinations outside the EAC bloc,” Yatani said during the launch of 2019 taxpayer’s month.

He said that the tracking system aims to avoid cases of dumping where goods received at the port of Mombasa and destined to neighboring countries are instead sold in the Kenyan market. Kenya is keen to ensure that the port of Mombasa becomes the preferred trade route for goods traded between east and central African nations and the rest of the world.

Yatani said that the real-time cargo tracking system of transit goods will also help to boost intra-regional trade.

He said that the Kenya Revenue Authority has also put in place mechanisms to ensure that local businesses and cross-border trade thrive through the elimination of customs challenges that hamper regional trade.


Source:Ocnus.net 2019

Top of Page

Africa
Latest Headlines
Buhari To Sign Military Pact With Russia To Crush Boko Haram
The other trade war
South Sudan, Tanzania set to implement regional cargo system
DRC: The 12 labours of Félix Tshisekedi
Failed state? How the DRC continues to deliver public services
Malabu oil scam: Abacha family speaks on connection with Buhari govt, blasts Adoke
N33bn NEMA Fraud: Moves To Impeach Osinbajo Looms In Senate
The Vela Flash: Forty Years Ago
In Nigeria, dreadlocks are entangled with beliefs about danger
Nigeria: the politics behind Buhari’s new economic team