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Lease to earn KPA Sh1t, says Ruto

KPA Managing Director William Ruto (right) and Ethiopian Transport and Logistics Minister Alemu Sime at the Port of Mombasa on August 15, 2023. [Robert Menza, Standard]

The State expects to raise up to Sh1 trillion through the planned concession of some the services at the ports of Mombasa and Lamu, a move that has sparked opposition from Coast leaders and activists.

Kenya Ports Authority (KPA) Managing Director William Ruto said the agency will also collect an annual levy of between Sh50 billion and Sh60 billion from each concessionaire for the use its berths and equipment.

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