Traders sourcing goods from UAE to get interest free loans

KNCCI President Richard Ngatia (right) engages with Kenya Chinese Chamber of Commerce Chairman, William Zhou (centre) and Kenya National Federation of Jua Kali Associations CEO Richard Muteti at a briefing on the impact of Covid-19 on firms. [David Gichuru, Standard]

The Kenya National Chamber of Commerce and Industry (KNCCI) has partnered with its United Arab Emirates counterpart to provide interest free loans to traders sourcing products from the Arab markets.

This is to enable them expand their sourcing markets owing to the disruption caused by coronavirus leading to a lockdown in China where majority source products from.