Improved efficiency cuts KPA earnings

kenya ports authority mombasa
[Image source: TradeMark East Africa]


The Standard | by Macharia Kamau


Revamped operations at the Port of Mombasa appear to have come at a cost, with Kenya Ports Authority (KPA) reporting a major drop in profit on account of reduced revenue from storage of containers.

KPA reported a 62 per cent drop in profit after tax for the year to June 2020…

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