September 15, 2020: The power outages being experienced in the Eastern Africa-Southern Africa-Indian Ocean have continued to affect productivity leading to Africa loosing 12.5% of production time compared to 7% for South Asia. This has been attributed to lack of adequate regional infrastructure in energy. Recent studies have shown that many African countries, some of…
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The COMESA Regional Customs Transit Guarantee Scheme (RCTG-Carnet) has launched a Mobile Application to provide access to real-time information to clearing and forwarding agents in the region. The Application is accessible on Google Play Store and Apple Store and provides a one-stop shop for the agents in member countries to view current bond balance and…
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The Federation of Associations of Women in Business in Eastern and Southern Africa (FEMCOM) has changed its name to COMESA Federation of National Associations of Women in Business. This is in line with the correct name which appears in the COMESA Treaty. The new acronym will now be “COMFWB”. The name change happened during…
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Over 50 Small and Medium size Enterprises (SMEs) drawn from various sectors across Zambia participated in a two-day virtual training on capacity building organized by the COMESA Business Council (CBC). Participants were drawn from horticulture sector, meat, dairy and other agro-food industries. The objective was to enable the SMEs to meet the demands of the…
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The government of Eswatini has developed a national Roadmap for the implementation of the COMESA Simplified Trade Regime (STR) as well as the Trade and Transportation Facilitation instruments for the Small-Scale Cross Border Traders (SSCBT). The Roadmap is under consideration by senior management in respective ministries and institutions in the country.. The Roadmap and elated…
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Zimbabwe became the third COMESA Member State to unveil the 50 Million African Women Speak (50MAWSP) platform in a colourful ceremony hosted in Harare on 3rd September 2020. The national launch of the platform was presided over by the Minister for Women Affairs, Community, Small and Medium Enterprises Development, Hon. Stembiso Gladys Nyoni. The event…
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COMESA Secretariat has released a schedule of its annual policy organs meetings which will be conducted between now and the end of the year. For the first time in history, the meetings will be virtual as possibilities of conducting them physically fade in the midst of COVID-19. The meetings bring together government officials at four…
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Central Banks in the COMESA region has been implementing new policy instruments and made changes to their monetary policy frameworks in order to address low growth and increase in unemployment resulting from the negative impact of COVID-19, According to a special report published by the Director of the COMESA Monetary Institute (CMI), Mr Ibrahim Zeidy,…
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COVID-19 in COMESA_Situational Update #28
The 50 Million African Women Speak (50MAWSP) platform was on Tuesday 25 August unveiled in Seychelles with the country’s President His Excellency Danny Faure urging women to seize the opportunities it will present them to do business. The launch was the first in a COMESA Member State since the onset of the COVID-19 pandemic and…
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