AGP Executive Report
Last update: 8 hours agoRegional Trade: Kenya and Uganda have agreed to remove remaining barriers to cross-border goods, including vegetables. Officials cited delays and levies that raise costs and damage perishable produce, with one-stop border posts among the planned fixes. Ports and Logistics: KPA is expanding Mombasa with Berth 19B, set to add about 300,000 TEUs of annual capacity, and Dongo Kundu Berth One. New cargo-tracking and gate systems are also planned as volumes rise. Debt and Public Spending: At IMF and World Bank meetings, a Kenyan debt-cancellation campaign said repayments absorb nearly 67% of government revenue, squeezing funds for services. Fuel Costs: MP Ndindi Nyoro proposed subsidies, lower levies and reduced industry margins to cut pump prices, arguing high fuel costs are straining households and businesses. Currency and Remittances: The shilling held at KSh129.81 to the dollar, while September remittances fell to $438.5 million from $451.8 million in August.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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