(PHOTO: COURTESY)The British exit from European Union (Brexit) is likely to have negative impact on the Kenyan export market. Kenya faces a monthly loss of Sh4 billion if it does not sign a new trade deal with EU. This, coming at a time when Kenya is staring at a monthly loss of Sh4 billion if it does not sign the EU trade deal, may further complicate the situation. For flower exporters, exiting the European Union would be a nightmare. Kenya Flowers Association (KFC) CEO Jane Ngige said the proposed exit, which will determined through a referendum, is bound to lower flower sales.

Source: Standard Digital June 21, 2016 20:26 UTC