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EAC leaders say political differences, protectionism impede investment

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'We need to be honest with each other and ask what we really want from this union,' says a Tanzanian businessman.

‘We need to be honest with each other and ask what we really want from this union,’ says a Tanzanian businessman.

“If we have that conversation, people will start to ask whether it is going to be a Tanzanian or a Rwandan company. We need to be honest with each other and ask what we really want from this union.” The Tanzanian magnate’s sentiments were supported by RwandAir chief executive officer Yvonne Makolo, who said the lack of an open skies policy had continued to make air travel expensive for most people in the region and on the whole African continent.

 

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