The COMESA Monetary Institute (CMI) has emphasized the importance of fiscal stress testing for financial institutions in the region as it leads to prudent management of public funds. CMI Director Mr Ibrahim Zeidy states that addressing fiscal risks is therefore the key element of the COMESA Multilateral Fiscal Surveillance Framework. He was speaking in Nairobi,…
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Two COMESA countries, the Democratic Republic of Congo (DRC) and the Republic of Seychelles participated at the 2019 Annual Investment Forum (AIM) in Dubai showcasing investment projects and opportunities in their countries. COMESA and the AIM have been working in partnership to promote investment in the COMESA region and in Dubai since 2015. The AIM…
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Kampala, Wednesday, April 17, 2019: A 1.07 million euros climate change project aimed at building resilience of agriculture landscapes in Eastern Uganda, is set to be launched in June following the completion of preparatory activities. The project titled: Enhancing resilience of agricultural landscapes and value chains in eastern Uganda – scaling up Climate Smart Agriculture…
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We are pleased to inform you that the UNCTAD Trade, Gender and Development Programme in partnership with the COMESA Gender and Social Affairs Division will organize a special edition of its online course on trade and gender devoted to stakeholders from member States of COMESA and COMESA-based institutions from 20 May to 14 July 2019.…
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Livingstone, Zambia, Tuesday, April 9, 2019: The Commonwealth Law Conference opened in Livingstone Zambia, today with the COMESA Court of Justice showcasing its new digital court system. The Conference brings together over 500 lawyers from more than 40 Commonwealth countries out of which nine are COMESA Member States. The one-week conference was opened by His…
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COMESA convened an extra ordinary meeting of the Council of Ministers on Friday 5th April 2019 in Lusaka, Zambia, to deal with pressing administrative and finance matters. The meeting was preceded by the Intergovernmental Committee meeting, on 3 – 4 April 2019, which brought together accounting officers in the ministries that coordinate COMESA programmes at…
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Lusaka, Friday, April 5, 2019: COMESA Secretariat has received a combined development aid amounting USD 299 million from the development partners to support different COMESA programmes as it marks 25 years of its existence this year. According to the Secretary General Chileshe Kapwepwe, the trust was earned after the Secretariat passed the 4 and 7…
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The Zambian government has launched the National Trade Policy and Export Strategy. The main objective of the Policy is to turn Zambia into a net exporter and improve competitiveness. The Policy covers trade in goods and services and has various interventions and is aligned to the Seventh National Development Plan and aims to achieve sustainable…
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There is need for Courts of Justice of the various Regional Economic Communities to have regular interactions with national courts and tribunals to come up with ways in which they can harmonise interpretation of treaties from within their regions. This is informed not only by the overlapping membership of states to the Regional Economic Communities…
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Delegates representing Central Banks of six COMESA Member States completed oneweek training organized by the COMESA Monetary Institute on “Transmission Mechanism of Macro Prudential Shocks to the Financial System: Application of Vector Auto Regressions (VAR), Structural VAR (SVAR) And Vector Error Correction Models (VECM)” The training was conducted on 18 – 22 March 2018 in…
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