Traders to protest over Sh700,000 increase in container customs benchmark

The traders are opposed to the increase in the minimum benchmark for a 40-foot container of consolidated cargo from Sh2.5 million to Sh3.2 million, effective August 20...

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Small-scale traders in Nairobi's major markets are threatening nationwide business shutdowns on Friday, August 28, in protest against a significant increase in customs valuation benchmarks by the Kenya Revenue Authority (KRA).

Traders are protesting an increase in the benchmark for a 40-foot container of consolidated cargo from Sh700,000 to Sh3.2 million, a 28 percent hike effective August 20.
The protest involves traders from Kamukunji, Gikomba, and Nyamakima markets.
The KRA states the new figure is a minimum reference point, not a fixed charge.