EAC states in stalemate over hosting of key institutions

East African Community offices in Arusha, Tanzania.

East African Community offices in Arusha, Tanzania. EAC Council of Ministers have again failed to agree on the host of the proposed monetary union headquarters and other key organs. PHOTO | FILE

The East African Community Council of Ministers have again failed to agree on the host of the proposed monetary union headquarters and other key organs.

During the last meeting held in Bujumbura, Kenya, Uganda, Tanzania and Burundi, who have bid to host crucial institutions failed to agree on the way forward as each country sought more time for consultations.