System to ease doing business launched
Kenya TradeNet, a system that integrates complex government functions onto a common platform, streamlining clearance process for sea, air and land cargo, has been launched.
The implementation of the system is expected to reduce cargo dwell-time at ports and improve the ease of doing business.
Key regulatory agencies such as the Kenya Revenue Authority (KRA), Kenya Ports Authority (KPA), Kenya Maritime Authority (KMA), Kenya Airports Authority (KAA), Kenya Bureau of Standards (Kebs) and many others are integrated in the system.
The system is owned and managed by the Kenya Trade Network Agency (KenTrade), a State Corporation mandated to implement, operationalise and manage it.
“The journey towards modernising our trade facilitation system has benefited from the wealth of knowledge and expertise that CrimsonLogic has brought into this project,” said Alex Kabuga, the KenTrade Chief Executive.
“We are thrilled to see initial benefits of the Kenya TradeNet to our operational efficiency and encouraged that it has been well-received by our stakeholders and trading communities. They are now able to fully leverage the system to boost our trade and market positioning globally,” he added.
With the country’s annual trade volumes exceeding Sh1.9 trillion, Kenya TradeNet is a flagship project under the Vision 2030 programme charged with positioning the country as a key trading hub in Africa.