Set up commodities exchange to rein in cartels, says Mbaru

Mr Jimnah Mbaru. FILE PHOTO | NMG

Kenya needs to set up a commodities exchange to enable farmers discover the true price of their crops and avoid being short-changed by unscrupulous traders, investment banker Jimnah Mbaru has said.

The exchange would also show how cereals in Kenya are priced relative to similar commodities in neighbouring countries, where the country has occasionally imported for its food needs.

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