Tanzania, Kenya trade worth Sh61 bn threatened due to covid-19 restrictions

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The differences between Kenya and Tanzania over the covid-19 pandemic restrictions is threatening to slow down trade disrupting Sh61.5 billion worth of trade between the two countries.

Da-es-salaam on Saturday reacted to President Kenyatta’s directives on banning movement across Kenya-Tanzania border by blocking Kenyan trucks at the Taveta/Holili and Lunga/Horohoro border points.

Uhuru Kenyatta said cargo trucks are exempted, but drivers would have to be tested for coronavirus, something that a Tanzanian regional commissioners saw as hostile treatment prompting him to order a blockade of Kenyan trucks. 

“We are aware that there are a few trucks of Kenya registration that have been denied access and entry into Tanzania, but we have not stopped processing vehicles coming from Tanzania into Kenya,” East Africa Community (EAC) minister Adan Mohamed said.

“Tanzanian drivers have not been coming with certificates, and that’s why we have decided to do the in Namanga. The delays that you see there is because we have to administer tests ourselves, and we do not have any certificates coming from the Tanzanian side.”

Kenya has denied access to more than 200 truck drivers who have tested positive for coronavirus from the neighbouring countries, including Somalia and Tanzania.

Forty drivers from Tanzania were prevented from entering Kenya on Tuesday through the Namanga border, something that has slowed down the flow of goods.

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Anthony Kiratu is the Founder of Finsolutions. He is a financial analyst with over 5 years experience in research, investment advisory, valuation and financial modelling. Anthony is a member of the Institute of Certified Investment and Financial Analysts and Institute of Certified Public Accountants of Kenya. He is passionate about development of African Capital Markets through training of investors and dissemination of information for sound financial and investment decision making process. He is also a part-time lecturer in the Certified Investment and Financial Analyst course in the subjects of International Finance, Portfolio Management, Equity Investment Analysis, and Fixed Income Securities. Email: anthony@finsolutions.co.ke Contact: +254 780216631

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