EAC vision for single currency takes shape

Kenya, Uganda and Tanzania currencies. FILE PHOTO | PHOEBE OKALL | NMG

The search for a single East African currency is set to go a notch higher as the regional parliament prepares laws for setting up key institutions.

The East African Legislative Assembly (Eala) has said its committees are using the three-week Dodoma sittings, which began on April 9 to collect views on the East Africa Monetary Institute (EAMI) Bill, 2017 and the Statistics Bureau Bill, 2017, which had earlier sailed through the first and second readings.

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