Browsing: Logistics sector in EAC

Cargo

A new regulation to end cargo delays at Ports, improve cargo flow, improve revenue collection and lower the cost of doing business has just been unveiled.

The regulation, which is now a bill, was unveiled in collaboration with Kenya International Freight Forwarders Association (KIFWA) and the Federation of East African Freight Forwarders Associations (FEAFFA) in partnership with other relevant industry associations.

Speaking to the media during the unveiling of the bill, FEAFFA President, Seka Fred said that with the launch of the proposed bill, Kenya is among the first three countries in the region to have taken tremendous steps in drafting the bill drawing from the principles of our initial model bill 2017.

“A 2018 report by Global Financial Integrity found 8 per cent of Kenya's revenue was being lost due to miss-invoicing of KSh90.7bn ($899.32 million) a year. Imports account for the largest part of this, at KSh76.7bn ($759.69…

The Kenya International Freight Forwarders Association (KIFWA) and the Federation of East African Freight Forwarders Associations (FEAFFA) in partnership with other relevant industry associations has today unveiled the Kenya Customs Agents and Freight Forwarders Bill 2020 in a bid to enhance professionalism in service delivery and compliance to the existing regulations with the aim of ending the cargo delays at Ports, improve cargo flow, improve revenue collection by the revenue authority and lowering the cost of doing business.

Unveiling the new Kenya bill today, FEAFFA President Mr. Fred Seka said the new regulation is meant to streamline cargo clearance by ending the deployment of untrained agents, promoting fair competition, protecting industry players from unfair liability, supplementing existing government regulations and introducing mandatory registration and training of all customs agents and freight forwarders and fines and penalties for non-compliance and misconduct.

“Kenya trades over 30m tonnes of cargo within the East …