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The Standard e-Paper
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The Standard Group Plc is a
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The progressive crumbling of agricultural sector in Kenya is a symptom of inadequacy of protective legislative and strategic policy measures to govern unfair trade practices.
Hoarding, price distortion, illegal purchase and illegal importation are rampant. For a long time, prices of sensitive agricultural products like maize, wheat and rice have been determined by brokers as opposed to Government incentives. However, contrary to arguments by free-trade economists that Kenya is a liberal market economy, prices for these sensitive agricultural products being volatile and vulnerable to fluctuations should be regulated for food security purposes.
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