For the best experience, please enable JavaScript in your browser settings. The EAC Secretariat clarified that there was no such currency and that the account had no ...

East Africa Community (EAC) countries could have a common currency by 2031 at the earliest if all goes according to plan. East Africa Affairs Minister Rebecca Kadaga said the projections are based ...

The East African Community (EAC) has reconstituted the region’s Monetary Affairs Committee (MAC) following the appointment of new heads of central banks, bringing hope for fresh ideas to re-energise ...

The new currency, to be established in 2027, has been dubbed the ‘Eco’, but France already jumped the gun and changed the ...

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A resolution on this matter is key if the countries are to reach the way forward on a common currency for EAC, she added. Speaking on Tuesday in Kampala, Kadaga said the first thing she did when ...

The Economic Advisory Council (EAC) on Wednesday raised concerns over ... a measure of the value of a currency against average basket price of foreign currencies – which increased to 104.05 ...