EAC single currency still a dream, Kanimba tells Parliament

Negotiations on the East African Monetary Union (EAMU) protocol are underway but it is clear that important basics remain to be put in place before a common currency comes into effect, the Minister of Trade and Industry, Francois Kanimba, told lawmakers on Friday. This was in response to Hon. Faith Mukakalisa, who requested the minister for an update on the matter, during an extraordinary session convened on Friday.