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Miraa Farmer Earns 221M After President Uhuru’s Intervention

SK 2 years ago 1 min read

In just four days since miraa shipments to Somalia resumed, farmers and businessmen have made Sh221 million.

Four days after the market opened, Felix Mutwiri, the director of Miraa Pyrethrum and other Industrial Crops, reported that Kenya had exported 81.4 tonnes of miraa to Mogadishu.

This included goods from 19 of the 22 traders who had submitted applications to get access to the lucrative Somalia market.

“We have so far exported 81.4 tonnes in the last four days and we expect the volumes to grow in the coming days as more people are cleared to ship out the commodity,” she said.

The traders are selling the stimulant at Sh2,734 per kilo, approximately Sh238 less than the price before Somalia shut down its market.

“We have a lot of miraa right now in the farmers and we can meet the market demand in Somalia,” said Nyambene Miraa Trade Association (Nyamita) chairman Kimathi Munjuri.

New regulations stipulate that exporting miraa without a permit or registration is punishable by a 3-year prison term or a Sh5 million fine.

Since Nairobi was barred out as a result of the breakdown of diplomatic relations with Somalia, Ethiopia, a market competitor, has started supplying the market with miraa.