PRESS RELEASE
FOR
IMMEDIATE RELEASE
New business leaders to be appointed to the regional business
council
·
Kenya to take Chairmanship of the region
business council
·
EABC to appoint new Board Directors
Arusha, Tanzania: June 25, 2018: The
East African Business Council shall hold the 19th EABC Annual
General Meeting on 29th June, 2018, in Nairobi Kenya; to elect
the Chair, Vice Chairs and Members of the EABC Executive Committee who will
strategically guide EABC’s mission to promote sustainable Private Sector driven
growth for a period of one year (2018/2019).
The Annual General Meeting (AGM) is the supreme policy making
organ of the East African Business Council (EABC). The AGM meets once a year to
elect the Executive Committee headed by the Chairperson, receive annual report
on the initiatives undertaken by the Secretariat and give overall direction to
the Secretariat in line with the Strategic Plan and interests of the business
community in East Africa.
“In accordance to the principle of rotation, the new chair is
expected to come from Kenya” said Ms. Lilian Awinja EABC, Executive Director.
The EABC Board of Directors consists of 22 members, headed by a
Chairperson, elected from the Partner States on an annual rotational basis. Each
country nominates 4 Members to the Executive Committee.
“The new Board Directors will guide the council’s advocacy
strategies and campaigns in a bid to boost trade, industries, and investments
in the region,” said Ms. Lilian Awinja EABC, Executive Director.
The EABC recently celebrated
its 20th Anniversary, the new Board Directors are crucial to monitor
the council’s strategy of which among other areas, aims to advocate for clear
rules and regulations governing business amongst the EAC Partner States, in
light of the East African Common Market and other protocols that have a direct
impact to the Private Sector.
-END-
Notes to Editors
The East African Business Council (EABC) is the
regional apex body of Private Sector associations and Corporates from the 6
East African Countries. It was established in 1997 to foster the interests of
the Private Sector in the Integration process of the East African Community. Being
the representative of Private Sector associations in the region, EABC was
granted observer status in organs and activities of the East African Community
(EAC). EABC therefore participates in various sectoral meetings, meetings of
the Coordination Committee, the EAC Council of Ministers, and the Summit of the
EAC Heads of State; with a view to ensure, that the agenda of the Private
Sector is well articulated and received by the policy makers.
Vision: Borderless East Africa for business and investment.
Mission: To promote sustainable Private Sector-driven growth.
EABC Membership is drawn from the six East African Partner
States and is open to all national and regional associations as well as
Corporates with interest in the EAC Integration process or operations in the
region. At national level, EABC activities are coordinated through the EABC
National Focal Points, who are also the national Private Sector umbrella
bodies. These are Federal Chamber of Commerce and Industries Burundi (CFCIB),
Kenya Private Sector Alliance (KEPSA), Rwanda Private Sector Federation (PSF),
Tanzania Private Sector Foundation (TPSF) and Private Sector Foundation Uganda (PSFU).
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