[kictanet] East African Legislative Assembly to Debate Bill On Regional Electronic Transactions
Mwendwa Kivuva
Kivuva at transworldafrica.com
Fri Aug 21 16:59:55 EAT 2015
http://www.businessdailyafrica.com/EALA-to-debate-Bill-on-regional-electronic-transactions/-/539546/2831894/-/item/1/-/r745p7/-/index.html
A Bill seeking to allow for seamless electronic transactions among EAC
partner states enters a crucial phase next week when the regional Assembly
resumes its sessions in Kampala.
The East African Community Electronic Transaction Bill 2014 will go through
a second reading even as partner States target to deepen their economic
ties through faster and safer ICT-based platforms.
“Top on the agenda during the two-week period are two key Bills which are
expected to sail through the 2nd and 3rd readings respectively.
These are the EAC Electronic Transaction Bill 2014, and the EAC Creative
Industries Bill 2015,” the bloc’s secretariat said ahead of next week’s
session of the East Africa Legislative Assembly (Eala).
The Electronic Transaction Bill 2014 targets to encourage electronic-based
transactions as a more efficient mode of linking both the private sector
and governments in the region.
Most government regulatory procedures are expected to go electronic.
“The Bill further wants to promote technology neutrality in applying
legislation to electronic communications and transactions and to develop a
safe, secure and effective environment for the consumer, business and the
governments of the partner States to conduct and use electronic
transactions,” the EAC secretariat further said.
Eala has already undertaken a series of public hearings to source for
stakeholders’ views on the Bill.
EAC countries are currently implementing a series of seamless systems,
including a joint tax collection and cargo clearing system known as Single
Customs Territory (SCT), to improve the flow of goods and reduce dumping.
Under the SCT deal, clearing agents within the EAC have been granted rights
to relocate and carry out their duties in any of the partner states as part
of a strategy to improve the flow of goods and curb dumping.
Importers of commodities covered under the SCT are required to lodge import
declaration forms in their home countries and pay relevant taxes to
facilitate the export process.
Joining the scheme
The tax authorities in the respective countries then issue a road manifest
against the import documents submitted electronically by the revenue
authority of the importing country.
Kenya, Rwanda and Uganda were the first to take up the SCT arrangement
starting April 1, 2014 with Tanzania joining the scheme two months later.
Several commodities including steel, edible oils, confectionery and milk
are currently traded between Kenya, Uganda and Rwanda under the SCT
platform.
Cement, cigarettes and neutral spirits were the first products to be
handled under the SCT scheme. Kenya and Tanzania in June expanded the list
of items traded between them under the SCT, raising hope for improved flow
of goods and reduced dumping.
______________________
Mwendwa Kivuva, Nairobi, Kenya
"There are some men who lift the age they inhabit, till all men walk on
higher ground in that lifetime." - Maxwell Anderson
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