Somalia: Kenya's Miraa Exports to Somalia Suffer Due to High Levies

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Kenya's miraa exports are taking a severe blow from steep levies, compelling traders in Somalia to halt purchases of the stimulant from Kenya due to its dwindling competitiveness in the market.

Kenya 's miraa exports are taking a severe blow from steep levies, compelling traders in Somalia to halt purchases of the stimulant from Kenya due to its dwindling competitiveness in the market.

Kenya's miraa traders argue that with the commission in place, the stimulant in Mogadishu must sell for upwards of $30 for a bundle, which many consumers cannot afford. "The imposition of this levy has significantly inflated miraa prices, rendering it inaccessible to consumers in Somalia," Despite efforts by elected leaders from Meru to broker a resolution, their interventions have not yielded tangible results.

Source: News Formal (newsformal.com)

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