AFRICA

SOUTHERN AFRICA: SADC Trade Facilitation Programme Extended

23 November 2021

The extension of the implementation of the Southern African Development Community (SADC) Trade Facilitation Programme (TFP) for the 2020-2030 period has been approved by the SADC’s Committee of Ministers of Trade (CMT) on 5 November 2021. More

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KENYA: New E-Commerce Platform Launched to Ease Import Trade

19 November 2021

An e-commerce platform allowing international markets access launched in Kenya on 9 November 2021. More

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NIGERIA: Government Launches First African Central Bank Digital Currency

12 November 2021

Nigeria has launched eNaira, a central bank digital currency (CBDC), the first African nation to do so and one of only five countries worldwide. More

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SOUTH AFRICA: Customs Act Amended in Line with HS2022 Implementation

02 November 2021

The South African Revenue Service (SARS) released amendments to the Customs and Excise Act, 1964 (the Act) on 22 October 2021, bringing it in line with the World Customs Organisation’s (WCO) Harmonised System (HS) 2022, and coming into force on 1 January 2022. More

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KENYA: Private Sector SME Trade Agreement with US Signed

25 October 2021

Kenya has signed a private sector agreement with the United States aimed at expanding trade and investment. More

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KENYA: Revenue Authority Switches to New Customs System this Month

11 October 2021

The Kenya Revenue Authority (KRA) announced full implementation of the Integrated Customs Management System (iCMS) from 22 October 2021, and urged traders to switch from the current MMS/Simba system by then. More

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AFRICA: AfCFTA and Afreximbank Roll Out Pan-African Payments System

08 October 2021

A new financial market infrastructure (FMI) was announced on 29 September 2021 by the African Export-Import Bank (Afreximbank) and the African Continental Free Trade Area (AfCFTA) Secretariat. More

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SOUTH AFRICA: Customs Pilot ePenalty System for Imports by Air and Sea

10 September 2021

The South African Revenue Service (SARS) is conducting a pilot test on its ePenalty system with cargo reporters, such as carriers and freight forwarders. More

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RWANDA: Hub Launched for Trade Opportunities for Women-Led Businesses

09 September 2021

The Rwandan government and private-sector partners have launched the SheTrades Rwanda Hub to improve women-owned businesses’ competitiveness and markets access. More

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SOUTH AFRICA: New Rules for Authorised Economic Operators Introduced

07 September 2021

The South African Revenue Service (SARS) has amended rules on client accreditation for Authorised Economic Operators (AEOs). More

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