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    Khusoko – East African Markets
    MARKETS

    National Electronic Single Window System Saves Kenya over KSh2.5Bn in Five Years

    David IndejeBy David Indeje2019-04-10Updated:2019-04-11No Comments2 Mins Read
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    Imports and exports in the seven East African Community Partner States grew from $7.1 billion in 2019 to $9.5 billion in 2021. By September 2022, the trade value was recorded at $10.17 billion, representing a 20 per cent share in global trade
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    Kenya’s business community has realized savings estimated at KShs. 2.5 billion when the implementation of the National Electronic Single Window System (Kenya TradeNet) begun in 2016.

    According to Kenya TradeNet CEO Amos Wang’ora 11,400 users are registered in the National Single window, 36 of them being government agencies.

    “The System has simplified trade procedures and processes, resulting to reduced delays, improved convenience, substantial cost savings, and improved collaboration,” he said during the signing of a KSh150 million partnership with TradeMark East Africa (TMEA).

    So far, more than 1,707,642 permits have been processed through the TradeNet System since it went live.

    The funding from the United Kingdom’s Department for International Development (DFID) will be used to support the enhancement and usage of the National Electronic Single Window System and implementation of the Maritime Single Window.

    Implementation of the Kenya TradeNet System commenced in 2012 and the system was rolled out in 2013.

    TMEA Kenya Country Director Ahmed Farah said “TradeMark East Africa is committed to growing prosperity through trade in the Eastern Africa region; we recognize the impact of the single window on the trade value chain. That is why we are committing to support the enhancement of this system in order to increase its capacity as an effective trade facilitation tool. It complements with our other investments at the port of Mombasa, with Kenya Revenue Authority, and at various one-stop border posts.”

    Kenya TradeNet TradeMark East Africa
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    David Indeje
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    In my role as Community Engagement Editor For Khusoko, I care about our audience. engaging them, getting news delivered to them across a variety of platforms, and expanding the diversity of voices on our website.

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