New policies on demurrages implemented by the government since May last year have negatively impacted importers business with billions of shillings collected by the Kenya Ports Authority (KPA) as penalties, raising the agency’s margin to Sh15.5 billion after tax in the 2018/2019 fiscal year.
Importers say the storage charges are crippling their businesses and have even sought interventions of President Uhuru Kenyatta to address the bottlenecks at the Port of Mombasa to ease movements of goods and reduce penalties that are now shoring up KPA’s earnings .
