- Ruto strikes big in US as Kenya’s FDI landscape looks promising
- Tanzania’s revenue collection on the upward path — Word Bank
- Global oil and gas giants flock to Tanzania Energy Congress
- South Africa-led unit asks US to renew AIDS relief plan PEPFAR
- Sendwave Pay to offer Kenya’s diaspora improved forex rates, lower costs
- Nigeria bets big on Cuba agri-pact to tackle food crisis
- A Safaricom-Apple partnership is on the horizon
- Africa’s energy quest: Challenges, opportunities, and partnerships
Browsing: Port of Mombasa
Kenya's Mombasa port has for years remained the leading harbour in East Africa, serving traders in the country and neighbouring landlocked states. Uganda is the biggest destination for transit cargo through the Port of Mombasa, accounting for about 83.2 per cent of transit cargo through the Kenyan port. South Sudan takes up 9.9 per cent while DR Congo, Tanzania and Rwanda account for 7.2 per cent, 3.2 per cent and 2.4 per cent, respectively.…
- President William Ruto is seen to be leaning more towards the West as opposed to his predecessor and former boss Uhuru Kenyatta, who had built a strong relationship with Asian countries.
- During Mr Kenyatta's 10-years rule, China became a major financier and developer of key projects among them the $3.6 billion Standard Gauge Railway (SGR).
- China and India have also been dominating the country’s trade as the Asian market accounts for 65.7 per cent of Kenya's total import bill.
Since coming into office in September last year, Kenya’s fifth President William Ruto has been keen on building and expanding alliances with countries that can help foster trade that remains in favour of foreign nations.
An interesting facet, however, has been his renewed interest in the United States and Europe, in what is seen as a slow but sure move to attract more investments while growing market for Kenya’s exports, manly…
The annual value of this trade was reported in 2019 to be on average Ksh 18 billion (US$180 million) which is less than 1 per cent of the total country’s imports. The total imports of textiles in Kenya were valued at around Ksh 131 billion (US$1.3 billion) depicting that the second-hand clothes represented 12.5 per cent of the country’s total imports.…
CARGO dwell time at the Port of Mombasa has reduced from an average of 5.6 days in December 2020 to 4.6 days in January 2021.
This follows a raft of strategic operational changes implemented by the Authority. Recently Kenya Ports Authority took over the operations at Port Reitz Yard and reorganized the planning units of the logistics partners, increasing harmony in the operations of the unit hence increasing end-to-end efficiency in the port operations.
Dangerous cargo loading which was previously experiencing great delays due to distance of the loading zone from stacking blocks was improved by allowing it to be loaded at the now optimized line 12 at Port Reitz which is more efficient especially for cargo received at Container Terminal 2.
Additionally, centralization of the cargo handling processes and the recently introduced double deck wagons on the Standard Gauge Railway (SGR) have significantly contributed to increased deliveries to the …
Sub-Saharan Africa region could see a GDP growth of2 per cent with improved port performance…
Kenya’s President Uhuru Kenyatta has announced that the first berth of the new Lamu Port will be opened in October.
Lamu Port is the country’s second major sea port after the Port of Mombasa. It is part of the US$24.5 billion Lamu-Port-South-Sudan-Ethiopia-Transport corridor project aimed improving trade in the region.
The President who visited the project over the weekend expressed satisfaction with the progress of the ongoing construction works at the seaport.
He said the mega project will create the much needed jobs for Kenyan youth.
“Since I was here last year, it is true you’ve worked hard. Very soon, next month, we will be here to open the first berth which I am told you will have completed,” the President announced.
“We will launch by seeing a ship dock here to offload cargo. Offloading of cargo will be the beginning of jobs not just for you alone but also …
Kenya is going big on tapping the billions in the blue economy if the latest developments by government, in partnership with the private sector, are anything to go by.
In a spirited move to exploit the country’s maritime sector and the global ocean waters, the government has entered into a partnership with global logistics firm―Mediterranean Shipping Company (MSC), to revive the defunct Kenya National Shipping Line (KNSL).
This is a bold move being taken by the government noting that KNSL has been dormant for close to 22 years, after poor management sent it into debt and loss of business.
Its collapse saw the country miss out on an untapped Ksh304 billion (US$2.9billion) business potential, an amount Kenyan importers spend on freight charges paid to foreign firms.
The national shipping line was established in 1987 as the national carrier to handle containerized exports and imports freight cargo, to and from the …
Barely a month after intercepting a consignment of contrabands and illegal imports at the Port of Mombasa, Kenyan authorities have yet again seized another multi-million shipment by rogue importers in Kenya.
Kenya Revenue Authority (KRA) seized 144 drums of imported Ethanol at the Port of Mombasa, which had been mis-declared as 1,000 bags of cement.
Customs officers have also seized another high end motor-vehicle, a Range Rover Sports suspected to have been stolen from the United Kingdom which had been mis-declared as second hand window frames, doors, folding chairs, stools and wall pictures.
The Ethanol was imported in two by twenty feet containers while the vehicle was in a twenty-foot container. The two were intercepted following intelligence reports; they were scanned through KRA’s non-intrusive scanners and the images showed inconsistency with what had been manifested.
A multi-agency team lead by …
Kenyan authorities have unearthed an international car smuggling racket targeting the East Africa region, one in many that have been busted in recent times.
On May 9, 2019, Customs officers in Mombasa received intelligence to the effect that two 20-foot containers on board a ship sailing to the Port of Mombasa was suspected to be stolen motor vehicles from the United Kingdom.
The containers arrived at the Port of Mombasa on May 11, 2019 aboard MV. MSC Positano from Oman and had not been declared.
Authorities subjected the two containers to x-ray cargo scanning where the images revealed the presence of top of the range motor vehicles.
According to import documents, the Range Rover Sport cars, which were subject of an international motor vehicle crime and smuggling investigation, were on transit to Uganda.
“a multi-agency team led by Customs officials undertook a verification exercise on May 28, 2019 confirming the …