Clearing agents say they lost Sh600m over election jitters

Movement of goods was low after last week’s polls. FILE PHOTO | NMG

Clearing and forwarding agents have said they incurred a Sh600 million loss as traders scaled down their activities at the Port of Mombasa over electoral anxiety.

The Kenya International Freight and Warehousing Association (KIFWA), which represents 1,350 clearing and forwarding firms, said the losses were incurred in the seven days that cargo did not move to various destinations.

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Note: The results are not exact but very close to the actual.