New team at East African Business Councilís helm
By Our Correspondent
The East African Business Council (EABC) on July 26, elected a new Executive Committee to replace the outgoing team that is retired by rotation.
At the EABC's 6th Annual General Meeting (AGM) held at Grand Regency Hotel in Nairobi, EABC members elected Kenya's Mr. Hirji Shah, the new Chairman to succeed Uganda's James Mulwana, whose term of office has come to end, in accordance with the organisation's constitution, which limits the term of the Chairman and the two Vice Chairmen to one-year of service. EABC members also voted Uganda's Mrs. Olive Kigongo and Tanzania's Mr. Arnold Kilewo as the two vice chairmen.
The constitution of EABC stipulates that if one EAC partner-state produces the chairman, the other two countries will automatically fill the two slots for the Vice Chairmen. In the 2003/4 year, Mr. David Githere from Kenya and Mr. Arnold Kilewo from Tanzania deputized Mr. Mulwana.
According to a press statement by EABCís Secretariat, the meeting also approved amendment of the constitution to by introducing a third category for corporate members, in recognition of their admission into the EABC fold. Previously, membership to the organisation was categorized into two: Ordinary comprising of National Chambers of Commerce and Industry, Manufacturers associations, Federation of Employers, Apex private sector associations, associations/organizations in banking, tourism, insurance and organizations and federations in the agricultural and transport sectors. The other category was that of Associate members composed of Investment Promotion Centers, Export Promotion Councils and Export Promotion Zones Authorities.
Furthermore, the meeting approved amendment of the constitution by enlarging the Executive Committee from 10 to 16 members of whom 6 shall be corporate members.
The chairmanship position is held on a rotational basis among individuals from East African Community (EAC) partner-states.
The East African Business Council (EABC) was founded as an apex body of business associations in Kenya, Tanzania and Uganda in November 1997 as a limited liability company and is registered in Dar es Salaam, Tanzania.
The founding of EABC was actively supported by the EAC Secretariat in view of the increasing participation of the private sector players in issues of regional integration. Thus EABC has grown to become the voice of the private sector in East Africa.
Its main objective as a policy advocacy institution is to provide a forum that enables the private sector to speak with one East African voice and to coordinate the efforts of the business sector for the promotion of trade and investment in East Africa.
EABC's members comprise National Chambers of Commerce and Industry, Manufacturers' Associations, Employers Association, Private Sector National Apex bodies, investment Promotion Authorities, Export Promotion boards and private corporations operating in East Africa.