Namanga traders oppose new insurance rules affecting Kenya-Tanzania trade

Cross-border traders at Namanga have expressed opposition to new marine cargo insurance requirements introduced by KRA, according to Tuko.

Busy street market with vendors selling bananas and produce under umbrellas
Illustrative image, not from this event. RoDobby / Pixabay (Pixabay License (free commercial)) · Source

According to Tuko, traders operating at the Namanga border have raised concerns over new insurance requirements affecting cross-border commerce between Kenya and Tanzania.

The requirements relate to marine cargo insurance and have been introduced by the Kenya Revenue Authority, the report states.

The new rules are reportedly impacting trade operations at the border point between the two East African countries.

Source: Tuko