The East African Community (EAC) member states have agreed to impose specific tariffs on lubricating oils, aluminium bars and active yeast, which they have identified as ‘high risk’, to prevent potential revenue losses through under-invoicing and undervaluation by unscrupulous cross-border traders.
The EAC Sectoral Council on Trade, Industry, Finance and Investment (SCTIFI) at a meeting held in Arusha in November last year, directed that the new rates, which have already been forwarded to the Council of Ministers for adoption, take effect from July 1, 2025 to address the trade malpractices that are costing the region millions of dollars in revenue.
