our latest news
The COMESA region has recorded a 1.3% increase in the year-on-year inflation rate due to the escalation in prices of goods and services. This has been measured by the Harmonized Consumer Price Index (HCPI-COMESA) indicating an upsurge from 20.5% recorded in June 2018 to 21.8% in July 2019. However, this figure is a drop fromSeptember 17, 2019
Secretary General (SG) Chileshe Mpundu Kapwepwe on Thursday 12 September visited the Embassy of Zimbabwe in Lusaka and signed the book of condolences opened for the former President H.E Robert Gabriel Mugabe. She was accompanied by the Assistant Secretary General, Administration and Finance Dr Dev Haman. The two were met by Zimbabwe’s Ambassador to ZambiaSeptember 17, 2019
Representatives from twelve Central Banks from Member States have been trained in “Modelling Expected Credit Losses Under International Financial Reporting Standard – (IFRS9)”. The training was organised by the COMESA Monetary Institute (CMI) in Nairobi, Kenya from 26th to 30th August, 2019. CMI Director Mr Ibrahim Zeidy underscored the importance for Central Banks in theSeptember 17, 2019
National content developers from four COMESA Member States have been trained on the use of the 50 Million African Women Speak platform (50MAWSP) at the COMESA headquarters in Lusaka, Zambia. The 9-11 September 2019 induction workshop brought together national content developers from Comoros, Democratic Republic of Congo, Madagascar and Tunisia. Also taking part were genderSeptember 17, 2019
By 2018, 98% of NTBs reported since 2008 had been resolved. These covered: liberalisation of import licensing, removal of foreign exchange restrictions, import and export quotas, easing of customs formalities, creation of one-stop border posts etcread more
FREE TRADE AREA
COMESA established a Free Trade Area in 2000, setting the stage for the reduction of tariffs amongst Member States. Hence, intra-COMESA trade has grown at an average of 7% with higher inceases reflected between intra-Free trade Area States.read more
VIRTUAL TRADE FACILITATION
COMESA CVTFS is an online system that integrates other COMESA trade facilitation instruments in one platform. It also helps to monitor consignments along different transport corridors across the region.read more
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