Duty-Free Rice Imports Threaten Kenyan Farmers
Kenya has approved duty-free imports of 500,000 tonnes of rice between August and December. Policymakers insist the move will stabilise prices. However, it will slash farmer incomes, drain foreign reserves, and deepen reliance on imports. Each year, the country imports almost one million tonnes of rice, valued at approximately Sh160 billion. Consequently, forex reserves have […]