Visa rules hampering business
04 June 2013, 13:15
Nairobi - Kenya faces an uphill task in its renewed campaign to grow trade with other African countries as stringent visa requirements restrict movement of traders.
While the region is already Kenya’s single largest export destination, Daily Nation reports that accounting for 48.4 per cent of KES 517.9 billion goods exported last year, experts say the high fees and lengthy manual process for visas have hampered trade and hindered job-creation on the continent.
Chief economist and vice-president of the African Development Bank, Mthuli Ncube told a panel organised jointly by the bank and World Economic Forum in Morocco last week, that Visa restrictions imply missed economic opportunities for intra-regional trade and for the local service economy such as tourism, cross-country medical services or education.
- For more visit Daily Nation