Traders dumping maize from Uganda for quick, handsome profits.

More than 45,000 bags of maize have been imported into Kenya from Uganda in the last week alone, exacerbating a glut that is hurting farmers. Focus is now shifting to the Busia border, where most of the maize is entering the country. The huge volumes being imported suggest that wealthy individuals – oblivious of the cries of local producers – are behind this latest scandal. Trends indicate that the runaway importation has only increased despite the soaring stockpiles of local harvests at the cereal board’s stores. A 90kg bag of the maize from Uganda goes for Sh 2,000, while the uptake price by the National Cereals and Produce Board is Sh3,200. Traders are banking on the rock-bottom prices across the border to dump the commodity for a quick and fat profit with local farmers left struggling to offload their grain.