Common Market for Eastern and Southern Africa (COMESA) Committee of Governors of Central Banks wants all COMESA member countries to fully utilize the Regional Payment and Settlement System. In their 22nd Meeting that took place in Bujumbura, Burundi 29- 30 March 2017, the Governors appreciated the progress that has been achieved in the implementation of
Residents of Kenya, Rwanda, Uganda, Burundi and Tanzania will now be able to travel with their respective national currencies in other East African Community (EAC) countries and make digital cross-border cash transactions in real time. The new development comes through the just launched East African Community project on Payment and Settlement Systems Integration Programme (PSSIP)
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