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Protests Erupt in Nairobi Over Import Duty Hike

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In Nairobi, small-scale traders are protesting against a significant increase in import duties, which they argue will severely impact their businesses. The new duty, which raises the minimum customs benchmark for a 40-foot container from 2.5 million to 3.2 million Kenyan shillings, has led to widespread demonstrations, with police deploying tear gas to disperse crowds.

Traders claim that the hike, exceeding $5,000, will inflate the cost of importing goods, making it difficult for small businesses to compete. Many traders closed their shops in solidarity, expressing frustration over the rising cost of living and a perceived lack of government support. The protests highlight a growing discontent among Kenyans, who feel burdened by increasing expenses.

The Kenyan revenue authority defends the duty increase as a measure to combat under-declaration and ensure fair competition for compliant businesses. However, this explanation has not quelled the anger of traders, who argue that the changes disproportionately affect small enterprises that rely on consolidated shipments to manage costs.

As the protests continue, there is a palpable sense of mistrust towards the government, with many citizens believing that corruption is worsening. This situation not only threatens the livelihoods of small traders but also reflects broader economic challenges facing the nation, raising questions about future policies and their implications for everyday Kenyans.

Source: Al Jazeera

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News Category: Money Tags: business, economy, import, kenya, protests

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