Comesa watchdog warns the deal lessens competition and might result in job losses. Kenya has for years had plans to cede operations of some port facilities to private sector players.
February 08, 2021
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Facing a threat to their existence, stevedores and shore handling agents have urged the Ministry of ports, shipping and waterways to re-consider the policy to privatise the cargo terminals at Centre-owned port trusts, that are run by the State.
Stevedores and shore handling agents load and unload bulk cargo from and onto ships from the major port trusts run non-mechanised, common user facilities after buying licenses from the port authorities by paying an annual fee of ₹4,000 to ₹1 lakh depending on the port.
These entities are engaged directly by the exporters and importers based on competitive quotations to load and unload cargo.