×
App Icon
The Standard e-Paper
Truth Without Fear
★★★★ - on Play Store
Download Now

Boost as agency proposes halving consignment fee for local exporters

Vocalize Pre-Player Loader

Audio By Vocalize

Workers sort avocados for export at Naivasha-based Vertical Agro Ltd [Kelvin Karani, Standard]

Kenya Trade Network Agency (KenTrade), the state agency mandated to spearhead cross-border trade, has proposed to slash the $10 (Sh1,300) Unique Consignment Reference (UCR) fee by half to increase cross-border trade.

The reduction of the fee, which is charged per Import Declaration Form (IDF), is expected to lower export costs, particularly for businesses dealing with fresh produce.

Premium Article

Get Full Access for Ksh299/Week.

Uncover the stories others won't tell. Subscribe now for exclusive access.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902
By AFP 57 mins ago
Football
Messi v Salah in World Cup last-16 showdown
Sports
Kisumu's Owili elected new Chess Kenya President
Sports
Pomp and colour as Rift Valley School Games kick-off in Narok
Football
School Games: Nyanza to crown new football king as defending champs Agai thrown out