Coronavirus dims Kenya trade outlookMv Kilindini Ferry stops to pave way for a cargo ship leaving the port of Mombasa. “There is fear of massive loss of exports markets in the affected regions; that is East Asia, middle East and Europe due to the current trade and travel restrictions,” said the survey report to be officially released today. “Exports likely to be affected the most include horticultural produce, tea and coffee, mineral ores and fruits, among other products. Subscribe Now »A total of 95 businesses participated in the short survey drawn from 17 sectors of the economy. This was in addition to 32 manufacturers who were directly surveyed by the Kenya Association of Manufacturers (KAM) and whose findings were integrated into the Kepsa report.

Source: Standard Digital March 10, 2020 04:41 UTC