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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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