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Frenzy of duty-free imports is suspicious
The government will import large quantities of rice, cooking oil, sugar, wheat and beans duty-free through the Kenya National Trade Corporation (KNTC).
The drama surrounding new duty-free rice import has entered a new phase. In a surprising twist, two Mombasa-based commodity trading moguls have quietly withdrawn a case they had filed to block the government’s plan to import 500,000 tonnes of rice.
Change of strategy? Or have the protagonists simply decided to throw in the towel?