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Global firms linked to trade malpractices

Kenya’s Foreign Affairs Cabinet Secretary Amina Mohamed (right) and UNCTAD14 communications chief Edward Harris. Multinationals are denying Africa two-thirds of export revenue, according to shocking details in a new study unveiled this week. (PHOTO: BONIFACE OKENDO/ STANDARD)

Multinationals are denying Africa two-thirds of export revenue, according to shocking details in a new study unveiled this week.

The companies are exploiting creative means to cheat Kenya and other African countries, the United Nations Conference on Trade and Development (UNCTAD) has reported to partly explain the high poverty levels in the continent.

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