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Plans for single East African Community currency shelved

Mathuki noted that with emerging issues like digitisation, it is possible to have a common currency parallel to the existing currencies in the EAC. 

Dr Peter Mathuki the Secretary General of the East African Community addressing the media on the affairs of the East African Community at Kampala Serena on May 10 2023. /Photo by Nicholas Oneal
By: NewVision Reporter, Journalists @NewVision

The East African Community (EAC) may take a little longer to realise a common single currency for the region after extending the deadline for three 

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East African Community
Single currency