Sharp Daily
  • News
  • Business
  • Technology
  • Real Estate
  • Opinion
  • About Us
No Result
View All Result
Sharp Daily
  • News
  • Business
  • Technology
  • Real Estate
  • Opinion
  • About Us
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

KRA

KRA hands cargo tracking to private vendors in major customs overhaul

September 16, 2026

Electrifying the SGR(Standard Gauge Railway): Kenya’s next big rail bet could redefine regional trade

April 28, 2026

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

Lowering the REIT Investment Threshold: A Catalyst for Wider Retail Participation in Kenya’s Property Market?

November 13, 2026
Business

Investors submit kSh69.26 billion in treasury bill bids as yields decline

November 13, 2026
News

Interoperability Is Reshaping Kenya’s Digital Finance Landscape

November 13, 2026
News

Understanding Bond Yields and Prices

November 12, 2026
John Mbadi, Kenya's treasury secretary, during an interview in Nairobi, Kenya, on Wednesday, Aug. 20, 2025. Kenya is in talks with China to convert dollar-denominated debt the East African nation owes its biggest bilateral lender to yuan and extend the repayment period, Mbadi said. Photographer: Kang-Chun Cheng/Bloomberg via Getty Images
Business

CBK bond swap attracts low investor interest

November 12, 2026
Business

US investors increase interest in kenya

November 11, 2026

LATEST STORIES

Lowering the REIT Investment Threshold: A Catalyst for Wider Retail Participation in Kenya’s Property Market?

November 13, 2026

Can creditors or bankruptcy touch your pension?

November 13, 2026

Investors submit kSh69.26 billion in treasury bill bids as yields decline

November 13, 2026

Interoperability Is Reshaping Kenya’s Digital Finance Landscape

November 13, 2026

Understanding Bond Yields and Prices

November 12, 2026

Quickmart debuts on the NSE, opening at Sh10 per share under ticker QMRT

November 12, 2026
John Mbadi, Kenya's treasury secretary, during an interview in Nairobi, Kenya, on Wednesday, Aug. 20, 2025. Kenya is in talks with China to convert dollar-denominated debt the East African nation owes its biggest bilateral lender to yuan and extend the repayment period, Mbadi said. Photographer: Kang-Chun Cheng/Bloomberg via Getty Images

CBK bond swap attracts low investor interest

November 12, 2026

Can Merging Pension Schemes Strengthen Kenya’s Retirement Benefits Industry

November 12, 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
  • News
  • Business
  • Technology
  • Real Estate
  • Opinion
  • About Us

Sharp Daily © 2024