Kenya: Minister Slaps Ban On Sugar Export in War Against Cartels

Nairobi — The Government yesterday revoked 16 export trade licences as it began a radical purge of suspected cartels in the sugar industry, raising hopes that the pressure on consumer prices could ease.

Agriculture minister William Ruto said high pricing of the commodity had defied the basic fundamentals of demand and supply owing to cartels that had infiltrated the market, leaving consumers with huge expenditure bills.

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