Kenya faces revenue, job losses as House ratifies UK trade deal

EPZ workers

EPZ firm Hela Intimates staff at work in Athi River on December 17, 2020.

Photo credit: File | Nation Media Group

What you need to know:

  • The deal opens the local market to about 1,934 products from the UK, whose import tariff will either be lowered or zero-rated.
  • Pact adopted when the economy is in doldrums, owing to the Covid-19 pandemic.

Kenya is staring at massive losses in revenue following the ratification of the Economic Partnership Agreement with the United Kingdom.


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