Global shipping disruption rocks Kenyan economy

Global shipping disruption rocks Kenyan economy

Disruption to global shipping routes has taken a huge toll on Kenya’s economy. Millions of kilograms of Middle East-bound tea are stuck in warehouses in Mombasa’s port, threatening the incomes of Kenyan farmers and exporters alike: A regional trade body said the losses amounted to roughly $8 million a week since March 1. A survey, meanwhile, found private sector activity in Kenya contracted in March for the first time since August, in part due t…