The World Customs Organization (WCO) has released a Guide for Rules of Origin under the African Continental Free Trade Area (AfCFTA) agreement. The AfCFTA agreement aims to create a single market for goods and services across Africa by allowing the free movement of business persons and investments, which will ultimately lead to the creation of...

Rwanda’s tax system is relatively simple and straightforward, with the main taxes that must be paid on imports including Value Added Tax (VAT), Excise Tax, and Customs Duty. Value Added Tax (VAT) is a consumption tax that is applied to the value of imported goods plus the cost of freight and insurance. The standard VAT...

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In logistics, product classification is a crucial aspect that helps in determining the best way to store, handle, and transport goods. There are several factors that are considered when classifying products, including size, weight, fragility, perishability, and storage requirements. One of the most common methods of classifying products is based on their size and weight....

The implementation of the African Continental Free Trade Area (AfCFTA) agreement should be expedited as the free trade zone will boost intra-African trade and accelerate industrialization, the UN Economic Commission for Africa (ECA) Acting Executive Secretary Antonio Pedro has said. “While the AfCFTA’s promise is high, that promise can be realized only if the agreement...