KRA offered about 800 vehicles at the Mombasa port auction but stiff bidding soared prices leading to protests from some buyers who claimed the cars were more costly than those in showrooms. Updated Tue, June 21st 2016 at 15:44 GMT +3Buyers take part in the KRA vehicle auctioning at Kenya Ports Authority in Mombasa Photo/Kelvin KaraniMOMBASA, KENYA: Hundreds of car buyers thronged the Kenya Revenue Authority (KRA) port auction yard at Mombasa port on Tuesday to buy vehicles that have been unclaimed for years or seized non-payment of tax. Good vehicles attracted many prospective buyers but this has led to higher prices compared to previous auctions," Madwan protested. "I suspect many of the bidders today are new to this auction and also not similar with prices of vehicles in showrooms. I think they are buying the vehicles for personal use and not for resale," Owino noted.

Source: Standard Digital June 21, 2016 12:22 UTC