KRA in consultation with cargo consolidators on the implementation of President William Ruto’s directive on consolidated cargo. PHOTO| Courtesy

KRA engages cargo consolidators on President Ruto directive

KRA has begun consultations on consolidated cargo rules. A technical team will oversee implementation of the directive. KRA will train cargo consolidators and small traders on tax compliance. The Kenya Revenue Authority (KRA) has stepped up consultations with cargo consolidators on the implementation of President William Ruto’s directive on consolidated cargo and measures to support…

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Co-operatives and Micro, Small and Medium Enterprises (MSMEs) Development CS Wycliffe Oparanya. Photo/courtesy

Oparanya urges small traders to join Saccos for affordable credit

Oparanya urges small traders to join Saccos for affordable loans. CS warns against risks of informal savings groups and lenders. Traders are also encouraged to embrace digital financial services. Cabinet Secretary for Cooperatives and Micro, Small and Medium Enterprises (MSMEs), Wycliffe Oparanya, has urged small business owners to join Savings and Credit Cooperative Organisations (Saccos)…

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Construction works in progress./ KNA

Mwala ESP market 60pc complete, set for September

Mwala’s Ksh76.2 million market is 60 per cent complete. The facility is expected to open by late September for 1,600 traders. Cold rooms and an ICT hub will support small businesses. Small-scale traders in Mwala, Machakos County, are set to benefit from improved trading facilities following progress on the construction of the Ksh76.2 million Mwala…

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KRA seeks easier clearance of shared-container goods for small traders

KRA proposes changes that could cut clearance costs and delays for small importers using shared containers. Traders may soon pay only for handling and clearing their own consignments instead of shared costs. Dedicated de consolidation facilities could help speed up cargo separation and reduce extra charges. Small-scale importers could soon face fewer costs and delays…

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KRA levy hike sparks cargo clearance boycott by small traders

Small traders halt cargo clearance over higher KRA charges Importers warn rising costs could squeeze already thin profit margins Traders threaten nationwide protests if KRA does not review the charges Small-scale importers and micro-enterprises have suspended cargo clearance in protest against increased taxes, levies and administrative charges imposed after the expiry of a relief period…

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Kisii County Governor Simba Arati (left) meets fruit vendors in Kisii town. Photo/Enock Okong'o

Arati urges Kisii traders to join Saccos for soft loans

Kisii Governor Simba Arati has urged traders to join Saccos to access affordable loans, government funds and business support. Arati said Saccos promote saving, financial discipline and easier access to programmes such as the Hustler Fund and NYOTA. The county also plans a youth savings fund to help talented young people grow their skills into…

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