Rwanda is in top position in the first business rankings conducted by the East African bloc. The Doing Business in the East African Community 2011 report prepared by the International Finance Corporation (IFC) and the World Bank, draws data from the annual global Doing Business study. It looks at business regulations in Burundi, Kenya, Rwanda, Tanzania, and Uganda.
"We are serious about our role in the creation of an environment which is attractive to increasing private sector activity within and across our borders," Dr Enos Bukuku, EAC Deputy Secretary General in charge of Planning and Infrastructure, said. "We can do this by further streamlining regulations affecting businesses and by ensuring that the business environment is reassuring to investors."
All EAC partner states have improved their performance.
"If each East...