SCEA In the Media

SCEA In the Media

Permit delays, high turn-around time costs shippers Sh1.2bn

•According to the Shippers Council of Eastern Africa, the costs of logistics to products is at between 35 to 42 per cent.
•KenTrade has since acknowledged that about 20 per cent of state agencies are still struggling in approving permits on time.

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Shippers want 70% of import fee channeled to state agencies

•High cost of doing business through the Port of Mombasa is said to be pushing traders in transit business to neighbouring Port of Dar es Salaam.
•IDF closed half-year to December 2023 at Sh23 billion, with an annual average of Sh45 billion.

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Shippers push for reforms on container deposits at Mombasa

•It is estimated that the East Africa region could unlock over $1.5 billion (Sh193.5 billion) in working capital currently held in container deposits.
•This is expected to catalyse investment for business growth and expansion.

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