Grain commodities exchange warehouses upgrade starts ahead of roll out

Kenya National Trading Corporation acting MD Timothy Mirugi. PHOTO | DIANA NGILA | NMG

Kenya will spend more than Sh100 million on renovation of warehouses in two years to meet the standards of Warehouse Receipting System (WRS) ahead of launching a commodities exchange.

State-owned Kenya National Trading Corporation (KNTC) said the first of the six warehouses earmarked for modernisation to facilitate operation of WRS will be ready by October.

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