- Tanzanian government has doubled the cost of export permits by 93 percent which may spark another round of trade dispute between Kenya and Tanzania. Only a year back, the two countries had resolved their differences that had afflicted cross-border trade since 2019.
According to official sources, the Tanzanian government has doubled the cost of export permits by 93 percent that may spark another round of trade dispute between Kenya and Tanzania. Only a year back, the two countries had resolved their differences that had afflicted cross-border trade since 2019.
With this new directive, the cost of acquiring export permits has risen from the previous Sh27,000 per truck to Sh52,000. Traders were caught off guard by the revision of the charges, resulting in confusion at the border and a huge snarl-up of trucks moving to Kenya during the last one week. Many trucks were stranded at the border for an almost entire week until the owners paid the revised fees. Officials from the Kenya Bureau of Standards (Kebs) reported that the trucks are being cleared and the normal flow of trucks is slowly gaining momentum.
The Kenyan Millers are likely to be impacted by the new directive as they were banking on Tanzania for imports of maize to meet the current shortage in the country.
Read Also
https://trendsnafrica.com/more-trade-barriers-eased-out-between-kenya-and-tanzania/
https://trendsnafrica.com/kenya-to-construct-largest-storage-for-lpg-gas-to-outwit-tanzania/
https://trendsnafrica.com/tanzania-to-introduce-a-digital-tax-in-2022/