How container cash deposits are creating a problem for Kenyan traders

Cranes offloading containers from MV Jolly Giada LOA at the Mombasa Port. [File, Standard]

East Africa’s logistics industry faces challenges such as regulatory hurdles and trade barriers.

One of the most significant non-tariff barriers is the requirement for container cash deposits at key ports such as Mombasa and Dar es Salaam.

Despite numerous efforts, a sustainable solution has remained elusive for long. Container deposit has traditionally been used as the only form of security protecting...