Mombasa port adopts regional cargo guarantee scheme to boost efficiency

The port of Mombasa has now fully adopted a regional guarantee scheme for cargo cleared at the facility as partner states of the East African Community moved to seal tax leaks and improve efficiency through a seamless trade platform.

Starting February 1, all maritime products cleared under the Single Customs Territory (SCT) and the Transit Regime are now only secured by the Regional Customs Transit Guarantee (RCTG) instead of the previous National Transit Bond (CB8).