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FinancialNews


  • 08-10-19

    S. Sudan to launch RECTS with Tanzania

    (MENAFN) South Sudan was announced to be completely prepared to execute alongside Tanzania the Regional Electronic Cargo Tracking System (RECTS).

    RECTS will be implemented with a purpose of increasing the collection of tax within the East African Community (EAC) trading bloc.

    Kenya is now joining hands with Uganda and Rwanda in the implementation of RECTS to observe cargo transiting via Kenya to its neighbors under the EAC.

    Ukur Yatani, acting cabinet secretary for National Treasury, stated "plans are underway to roll out the RECTS to include South Sudan, Tanzania and ultimately to destinations outside the EAC bloc."

    MENAFN0810201900450000ID1099098467

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