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Bar operators put coronavirus lockdown losses at Sh1bn

A beer mug. FILE PHOTO

What you need to know:

  • The 54,000 traders have adversely been affected after the government ordered closure of their premises in March.

  • Already, the business owners have laid off workers while others fear that their property will be auctioned, having defaulted on loans repayment to expand their businesses.

Bar owners say they have incurred losses amounting to Sh1 billion in the past three months due to coronavirus pandemic.

According to the Bars, Hotels and Liquor Traders Association of Kenya chairman Simon Mwangi, the 54,000 traders have adversely been affected after the government ordered closure of their premises in March.