Commodities exchange yet to take off three years down the road

“We are steadily building the capacity to establish a commodities exchange and have realised that there must be a robust WRS in place to before we get to that stage,” NCPB’s spokesperson Evans Wasike, said an earlier interview.

Among the systems promoters, there are those who believe farmers in the region are not ready for a ready for a speculative market with the East African Farmers Federation urging for the rollout to be undertaken in stages, each face targeting specific segment of the market.

They are also divided over the NCPB’s role with majority of them taking a silent position that a state controlled border should not be directly involved in running the grain sector.

“Taking cue from countries such as Ethiopia, we can also say that commodities exchange adequate donor funding to succeed,” said Mr Muchiri