Kenya: Importers Brace for Tough Times as Import CBM Rates Soar

Kenyan traders, particularly those who import goods from China, are set to experience tough times over a potential increase in customs clearance costs at the port of Mombasa.

A noticeable change in an adjustment in Cubic Metre (CBM) charges is set to directly affect importers, especially those who primarily rely on sea transport to ferry their merchandise from abroad.

One reputable shipping and freight company recently informed customers via a chain text message about the possible changes in…