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CS Henry Rotich’s decision to lower duty on wheat faulted

Wheat farmers will suffer the most after the Treasury lowered import duty on the produce from 35 to 10 per cent.

Speaking in a public forum to discuss Treasury Cabinet Secretary Henry Rotich’s budget proposals, financial services provider Grant Thornton, senior tax and advisory partner Parag Shah said the move was ill-fated and a blow to farmers since it was only meant to protect local millers, but slowly strangle local producers.

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