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

EPZ workers

Workers make garments at EPZ firm Hela Intimates in Athi River on December 17, 2020. PHOTO | FILE | NMG

Photo credit: File | Nation Media Group

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

The National Assembly ratified the EPA on Tuesday, opening the local market to about 1,934 products from the UK, whose import tariff will either be lowered or zero-rated.