East African Community producers and consumers on both sides of all borders) and losers (smugglers and the customs, police and local government officers who currently benefit from bribery at and around the borders) in the border areas. More substantial impact could be attained by a new generation of investments in world-market production based on the region's comparative advantages in natural resources (especially mining and agriculture) and the new tariff structure creates marginally better conditions for world-market exporters, by cheapening inputs and by reducing upward pressures on the exchange rate. On 1 July 2010, Kenyan President Mwai Kibaki launched the East African Common Market
Mwai Kibaki After his graduation, Kibaki took up an appointment as Assistant Sales Manager Shell Company of East Africa, Uganda Division. During the same year, he earned a scholarship entitling him to postgraduate studies in any British University. He consequently enrolled at the prestigious London School of Economics for a B.Sc. in public finance, graduating with a distinction. He went back to Makerere in 1958 where he taught as an Assistant Lecturer in the economics department until 1961. In 1961, Kibaki married Lucy Muthoni, the daughter of a church minister, who was then a secondary school head teacher. In early 1960, Mwai