×
App Icon
The Standard e-Paper
Informed Minds Prefer The Standard
★★★★ - on Play Store
Download Now

Cost of doing business in East Africa down by 50pc as reforms reduce red tape

Kenya: The Single Customs Territory (SCT) regime introduced by East African countries a year ago has reduced the cost of doing business by about 50 per cent in the East Africa region, according to Kenya Revenue Authority (KRA).

The system has reduced the time taken to move cargo across the region from 18 days to three between Mombasa and Kampala and 21 days to six between Mombasa and Kigali.

Get Full Access for Ksh299/Week
Unlock the Full Story — Join Thousands of Informed Kenyans Today
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in