Kenya staring at reduction in agriculture export revenue
This comes at the heels of Britain’s exit from the European Union and the looming deadline for signing a deal allowing the country duty-free access to the lucrative market.
While most of Kenya’s flowers do not go to the United Kingdom (UK), and are unaffected by Brexit, Kenya will be slapped with export duty of between eight and 12 per cent unless the East African Community–European Union Economic Partnership Agreement is signed before October 1.
The Kenya National Bureau of Statistics put the country’s estimated value of exports in cut flowers, green beans and mangoes at Sh90.4 billion in 2015.
This could also spell doom for more than 600,000 workers in flower farms and fresh food producers.
Read more at the Daily Nation