Why is Tanzania not EAC’s economic powerhouse?

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>The 16th ordinary meeting of the heads of states of the East African Community (EAC) was held on the 20th February 2015 in Nairobi Kenya. These Presidents of Tanzania, Kenya, Uganda, Rwanda and Burundi made a number of resolutions. Among them is the resolution to speed industrial development in the regional block through banning importation of second hand clothes and vehicles popularly known as mitumba in Kiswahili.

The EAC Secretary General Amb. Dr. Richard Sezibera make his remarks East African Community Secretariat, Arusha, Tanzania, 19 March 2014: A two-day workshop themed Cross Border Local Economic Development-Synergy Perspectives for Joint Action between Local Governments and Regional Integration Organizations in EAC and West African Economic and Monetary Union (Union Economique et Monétaire Ouest Africaine - UEMOA) is underway at the Mt. Meru Hotel in Arusha, Tanzania.
The workshop's core...

The COVID-19 global pandemic is not only a major health crisis that challenges health systems across the globe. It has far reaching ramifications on economies worldwide. The medium- and long-term effects resulting from the measures taken to slow down and contain the spread of the disease remain unforeseeable.

The East African Community region is no exception. On a positive note, the free movement of goods and services in the EAC has been maintained and the supply situation for staple food...

East African Community
The East African Community Secretariat has today signed a cooperation programme worth 2.3 million Euros with the European Union (EU) to improve Maritime Security and  create  a favourable environment for the economic development in the region.
The signing of the agreement was preceded by a roundtable discussion, also held at the EAC headquarters, on the theme: “the Business Environment in East Africa’’ organized in commemoration of the EU Week. 
The financing...

>Tanzanian shilling has been declining in relation to the major global currencies such as the US dollar in the recent past. In the week starting January 19, 2015 we observed the exchange rate of $1 for over Sh1,800.

>Tanzania and other sub-Saharan Africa faces uncertain times economically this year despite the continent’s resilience and lower global oil prices, the World Bank has said. The global economy is expected to grow at 2.9 per cent this year and 3.2 per cent next year

IPPmedia
Economic `ideology` needed for Tanzania, CA emphasises
IPPmedia
Some Constituent Assembly (CA) Committee, No 9, members called for setting up of official policy that determines the national economic system for inclusion in the draft of constitution. They said the present legal system is largely silent about the matter, but ...

IPPmedia
Germany, Tanzania to boost economic relations
Sabahi Online
Tanzanian President Jakaya Kikwete and German President Joachim Gauck on Tuesday (February 3rd) agreed to enhance trade and investment relations between the two countries, Tanzania's The Guardian reported.
Gauck visit highlights closer German-Tanzanian tiesDeutsche Welle
Tanzania, Germany agree on need for stronger trade tiesIPPmedia
We have come a long way together!Daily News
Coastweek -GlobalPost
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