The adoption of the Kenya National Electronic Single Window System will end duplication of processes and ease clearance of goods, clearing agents have said.
They said it will also reduce transaction costs related to processing of imports and exports documentation, while putting in place the requisite controls to ensure efficient revenue collection.
Treasury Cabinet secretary Henry Rotich said in his 2015/16 budget statement that from July 1, “all importers and exporters and other related stakeholders will be required to process their transactions through the system”
“This will enhance transparency, accountability, governance and competitiveness while at the same time improving revenue collection,” he said said. Read more. Source | The Star