The East African Community (EAC) has called on partner states to expedite the implementation of the Digital Single Market, emphasizing that integrated digital systems will enhance regional trade, reduce transaction costs, and improve service delivery for over 330 million people. This statement was made during the opening of the Digital for Development (D4D) Forum 2026 in Arusha.

Uganda is poised for significant economic transformation with the introduction of the Tenfold Growth Strategy, as outlined in the Budget Speech for FY 2026/27. This strategy aims to propel the country towards becoming a 500-billion-dollar economy, marking a shift from incremental progress to ambitious growth. The government emphasizes a new approach focused on substantial economic leaps rather than gradual improvements, signaling a pivotal moment in Uganda's pursuit of prosperity.

The East African Community (EAC) is set to host the 26th Micro, Small and Medium Enterprises (MSMEs) Trade Fair in Kigali in late October. This year's event will focus on the leather and horticulture sectors, which are considered vital for the region's industrial development and strengthening local supply chains, according to The Independent.

Tanzania's Planning and Investment Budget for 2026/27, amounting to TZS 144.85 billion, aims to support a new National Investment Policy and establish five strategic Special Economic Zones (SEZs) to attract over TZS 797 billion. The budget also targets making Tanzania a leading vehicle producer in Africa by 2030 and includes the creation of Youth Industrial SEZs across six regions. Ongoing flagship projects include Hengya Cement, Airtel's 5G rollout, and Songea Sukari's sugar complex.

Tanzania's Parliament approved the TZS 62.33 trillion (approximately USD 24 billion) budget for the 2026/27 fiscal year on 23 June 2026, with 385 out of 393 votes in favor. The budget, which will take effect on 1 July 2026, includes a commitment to settle TZS 1.2 trillion in arrears and implement tighter expenditure controls following a week of debate and the passage of the Finance Bill 2026.

Tanzania's 2026/27 budget is set at TZS 62.33 trillion (USD 24 billion), reflecting a 10.3% increase from the previous year. The budget aims for a 6.3% GDP growth, with 74.2% of funding sourced from domestic revenue as grants decrease by 39.1%. Key measures for investors include reducing the deemed profit-distribution tax from 30% to 15%, a one-year income tax holiday for new businesses, and VAT exemptions on specific sectors.