Kenya investments in Tanzania top $1.2 billion (Sh108 billion) as - TopicsExpress

Kenya investments in Tanzania top $1.2 billion (Sh108 billion) as of April this year, making it the second foreign investor after Britain. In the same period, Tanzania’s exports to Kenya had surpassed $300 million (Sh27 billion), up from $95 million (Sh8.5 billion) at the signing of the EAC Customs treaty in 2004. “Regional economic integration schemes are not a tea dispenser that you turn on and off at will. So when some members threaten to walk out, they must realise investors in these economies have short-term and long-term goals that must be realised. So when some member-states are disengaging, they hurt many interests,” says Prof Anangwe.

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