Showing posts with label common currency.. Show all posts
Showing posts with label common currency.. Show all posts

Sunday, December 1, 2013

East Africa Integration, A welcome development: 5 Five East African countries agree to common currency.




The five member of the East African Community (EAC) economic group have agreed to adopt a single currency.

 The leaders of Kenya, Uganda, Tanzania, Rwanda, and Burundi signed a protocol in the Ugandan capital Kampala on Saturday for the adoption of a common currency in 10 years.
"We now have the framework required to unlock the promise of integration," Kenyan President and EAC head Uhuru Kenyatta said in a statement. 

ST

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