Taxes, volumes cap to cut miraa earnings from Somalia exports

A miraa trader displays his crop. FILE PHOTO | NMG

Even though Somalia has lifted a ban on Kenyan miraa and farmers have already received millions of shillings in under a week since resumption of exports, the latter is not yet out of the woods on this lucrative market.

It has emerged that Somalia has capped Kenya’s miraa to a maximum of 19 tonnes and there are a number of new taxes that have been introduced, which are eroding farmers’ margins.

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Note: The results are not exact but very close to the actual.