Ruto (pictured) said the private sector should encourage business entities and partnerships across the EAC instead of in individual countries. “There is need for us to encourage a situation where we have companies with partners from the six EAC member countries. “At the moment what we have is business silos that are based on individual countries and what we want to see is business companies with Tanzanian, Rwandan or Ugandan counterparts and vice versa,” the DP added. He urged businesspeople in the EAC region to build strong companies and a common market to have more bargaining power when seeking tenders for mega projects. The private sector should play its role of accelerating trade among East African Community member states, Deputy President William Ruto has said.
Source: The Star June 22, 2016 01:30 UTC