President Uhuru Kenyatta said on Wednesday said that Kenya will waive work and business permits for investors from its neighbor Tanzania, as his counterpart made similar overtures in a thawing of often frosty relations between the two countries.
Kenya and Tanzania have long tussled for influence.
“We would like to see many investors from Tanzania coming to do business in Kenya. And I want to say this, Tanzanian investors are free to come and do business in Kenya without being required to have business visas or work permits,” Kenyatta said during a Kenya-Tanzania business meeting in Nairobi.
“The only thing you will be required to do is to follow the laid down regulations and the laws,” he told the meeting, attended by Tanzanian President Samia Suluhu Hassan.
Hassan, was sworn in in March after Magufuli died, said her government had embarked on tax and other business reforms to make it easier for Kenyan investors to operate in Tanzania.
Hassan’s office said late on Tuesday the two governments had also pledged to speed up completion of electricity transmission and road construction projects Kenya and Tanzania are jointly carrying out.
The two governments also agreed to speed up groundwork for the construction of a natural gas pipeline linking Tanzania’s commercial capital Dar es Salaam and Kenya’s port city of Mombasa.