Kenya audits informal sugar imports amid market distortion

The Kenya Sugar Board (KSB) is conducting a comprehensive audit of the informal sugar imports in a bid to ascertain the volumes moved and the routes used by the traders.

Photo credit: File | Nation Media Group

Kenya is auditing its informal cross-border sugar trade amid severe market distortions, which are affecting pricing and revenue collections.

A brief seen by the Business Daily showed that the Kenya Sugar Board (KSB) is conducting a comprehensive audit of the informal sugar imports in a bid to ascertain the volumes moved and the routes used by the traders.

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