News and Events

Cost of imports to rise as trade agency introduces new levy


KenTrade has issued a legal notice which will sharply increase cost of doing business considering that the agency is the only one offering a platform for importers and exporters to do transaction.

Traders will now be required to pay Sh5,000 annual/registration fee payable on or before the expiry of 12 months from date of the last payment, while another Sh7,000 for every notification for a consignment and Sh750 for the application of every unique consignment reference (UCR) number in the system per transaction, which is payable monthly on or before every 10th day of every month.

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