Proffessional Services

 

EABC, in 2011 was able to secure seed funding from Trademark East Africa to establish a regional platform for professional services that would serve as a forum for convening and representing the interests of professional services offering wider business opportunities for professional services firms and helping to spur the creation of a single, dynamic regional professional services market, for the benefit of service providers and consumers alike in the EAC Integration process.

 Services are defined as intangible goods that are often produced and consumed at the same time and they are increasingly dominating developing economies output. Professional services are part of the wider set of services.

 Within the range of professional services, there are a number of business oriented professional services. This subset forms an important part of an economy as they facilitate and support businesses from across a range of sectors, from agriculture to mining to telecommunications. Business Oriented professional services play an important part in the ability of all other sectors to operate and grow. They include accounting, architecture, engineering, ICT, legal services and marketing and advertising.

 Having recognised the importance of services and the need for the Private Sector to actively engage and participate in policy issues concerning services, in 2008 EABC sought and was able to secure support from ILEAP to undertake services work. EABC and ILEAP jointly organized a series of workshops on services, which looked at how to best engage the Private Sector in policy discussions in the area of services within the EAC Integration process. A workshop held in October 2009 recommended the need to establish an East African Coalition of Services Industries. This was followed by a workshop in July 2012, which brought together an interim steering committee to work towards

the establishment of the coalition. The interim steering committee requested EABC to mobilize resources as lack of adequate funding had been identified as a major constraint to coordination of regional activities in support of the coalition.

 

KEY ACHIEVEMENTS OF THE EAST AFRICAN PROFESSIONAL SERVICES PLATFORM:

 

 Signing of a Mutual Recognition Agreement (MRA) for Engineers within the EAC on 7th December 2012.

 The MRAs is meant to; facilitate mobility of engineers and professional engineering services to enable the realization of commitments made by Partner States for liberalization of trade in professional engineering services across the EAC; encourage, facilitate and establish mutual recognition of engineers’ qualifications and set up standards of education and practice and commitment to professional development in the engineering profession in the EAC Partner States; facilitate the exchange of information in order to promote adoption of best practices on standards of engineering education, professional qualifications, professional practice and ethics

 

Signing of the Mutual Recognition Agreement for Accountants

 On Wednesday, 14th September 2011, the members of the East African Community Institutes of Accountants (EACIA), the body of professional accountancy

Institutes in the East African Community Region comprising of the professional accountancy bodies from Burundi, Kenya, Rwanda, Tanzania and Uganda, met in Entebbe, Uganda and signed the Mutual Recognition Agreement for Accountants. By the signing of the MRA, professional accountants in any of the stated EAC Partner States can access and practice opportunities within the wider East African Community region.

On 1st March 2016 during the East African Business Leaders’ Summit, EABC facilitate the Accession of the Engineers from Tanzania to the MRA for Engineers at the Mount Meru hotel in Arusha Tanzania

Finalisation of the draft Regulations on Free Movement of Services and Services Suppliers

The regulations are aimed at among other aspects allowing temporary movement of service suppliers to go and supply a service in any of the EAC Partner States.

Currently the platform functions are mainstreamed into the EABC activities for continuity.