Cross border Trade between Kenya and Tanzania improves

The County Government of Taita- Taveta has embarked on a program to rehabilitate and modernize markets along the Kenya- Tanzania border with the aim of increasing trading activities between the two countries.

County Executive of Trade Gertrude Shuwe says with the opening up of the new and improved Taveta market, the county has witnessed a 20% increment in revenue collection between April and June.

According to data released by the Kenya National Bureau of Statistics, Kenya’s Exports to Tanzania went up 28.5 percent for the first five months of this year.

Under the period Tanzania ordered goods worth Ksh10.54 billion between January and May, more than the same period in 2017.

The figures indicate that trade relations are improving between the two countries.

Trade across the Kenya – Tanzania border is set to further improve after the opening of the new Taveta market.

The new market which is 3kms away from the Kenya -Tanzania border has created room from both countries to enhance and deepen trade relations as goods can now be accessed easily.

Shuwe says the new Taveta market has led to increased revenue collection by 20% between April and June.

The County government says it plans to upgrade and rehabilitate markets in a bid to create a conducive environment for business.

The new market has also boosted earnings for the transport sector due to increased movement of goods and services across the border.

 

  

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