Nairobi Traders Protest KRA Customs Benchmark Hike

Traders from markets like Gikomba and Kamukunji closed businesses Friday to protest a Kenya Revenue Authority increase in the minimum customs benchmark for cargo containers, from KSh 2.5 million to KSh 3.2 million effective around August 21.

They say the 28% rise adds about KSh 700,000 per 40-foot container, squeezing small importers' thin margins on goods from China.

KRA calls it a fair update after six years, aimed at curbing undervaluation while offering options like actual value declarations; police used tear gas amid the marches, as figures like MP Babu Owino backed the traders' call for relief.

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