Sharp Daily
No Result
View All Result
Monday, January 5, 2026
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

Transporters Warn Protests Will Hurt Regional Trade

Benson Muriithi by Benson Muriithi
March 29, 2023
in News
Reading Time: 1 min read
[Photo/Courtesy]

[Photo/Courtesy]

Transporters have raised concerns over the adverse effect likely to be caused by the ongoing protests. They claim that the violence could disrupt business for Kenya and her neighboring countries of Uganda, Rwanda, Burundi, Democratic Republic of Congo and South Sudan that rely on Mombasa Port.

The transporters claim that businesses might incur huge losses if the cargo is delayed or looted by protestors. The importers are likely to experience an inconsistent flow of goods as a result.

Newtown Wang’oo, the Chairman Kenya Transport Association, said that they intend to park their trucks on Mondays and Thursdays every week to avoid any attacks on the trucks or the cargo. The chairman estimated that transporters are likely to lose about Kshs 200 million weekly. Additionally, this will choke the port of Mombasa and other Kenya Ports Authorities facilities.

“We had resolved to suspend our services every Monday to give room for demonstrations as we remain safe but with an additional day (Thursday) for protests, we have no option but to park our trucks two days a week,” said Newton.

RELATEDPOSTS

Kenya streamlines visa and eTA Process to boost tourism at Mombasa port

February 24, 2025

National Police stress lawful protest procedures amid social media rumors

November 21, 2024

Read: Tough time for businesses as protests enter the second week

Consequently, Mombasa port is likely to get congested due to the delays by the trucks to dispatch the goods to the importers. In fact, some traders are considering using the Central Corridor which begins Dar-es-Salaam.

“The situation is not conducive to traders and the effects will be long-term. That is why we are asking the government to ensure goods and properties are protected,” Said Roy Mwanthi, the Chair of Kenya International Freight & Warehousing Association.

Email your news TIPS to editor@thesharpdaily.com

Previous Post

Is Humanity a Failed Project?

Next Post

Importance of Financial Literacy In Your Day-to-Day Life

Benson Muriithi

Benson Muriithi

Related Posts

News

Kenya defies global economic slowdown: 5% growth opens investment opportunities for 2026

January 5, 2026
News

Deals that could define 2026 after Sh757bn record year

January 5, 2026
News

From Spending to Squeezing: The Economic Cycle of Festive Seasons

January 5, 2026
News

The Role of KMRC in Expanding Mortgage Access in Kenya

January 5, 2026
News

How CBK’s Easing Cycle Is Reshaping Kenya’s Financial Markets

January 5, 2026
News

Why investing early matters more than investing big

January 5, 2026

LATEST STORIES

Kenya’s Infrastructure Sector Poised for Growth in 2026

January 5, 2026

Kenya defies global economic slowdown: 5% growth opens investment opportunities for 2026

January 5, 2026

Deals that could define 2026 after Sh757bn record year

January 5, 2026

From Spending to Squeezing: The Economic Cycle of Festive Seasons

January 5, 2026

The Role of KMRC in Expanding Mortgage Access in Kenya

January 5, 2026

How CBK’s Easing Cycle Is Reshaping Kenya’s Financial Markets

January 5, 2026

Kenya opens market to duty free sugar imports after 24 years

January 5, 2026

Why investing early matters more than investing big

January 5, 2026
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024