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EAC to revise economic targets to attain monetary union dream - Vimarsana News

EAC to revise economic targets to attain monetary union dream

East Africa finance ministers in 2022 extended a deadline by ten years for the establishment of a monetary union to be realised.

Regional trade: Sankok wants East Africa to dump the dollar - Vimarsana News

Regional trade: Sankok wants East Africa to dump the dollar

Move will enhance trade, strengthen local currencies and hasten the adoption of single currency.

EAC Single Currency Can be Achieved in Three or Four Years – Secretary-General - Vimarsana News

EAC Single Currency Can be Achieved in Three or Four Years – Secretary-General

A single currency of the East African Community (EAC) can be achieved within the next three or four years, Peter Mathuki, the bloc’s Secretary-General, has reportedly said.