BANDIT ECONOMY: SUGAR PRICES SOAR AGAINST RECORD SUGARCANE YIELDS
🌻Production up 35.2%. Cane deliveries up 36.2%. Highest half-year output on record. 437,852 tonnes between January and June.
🌻Yet retail sugar prices have risen for four straight months. Sh164.35 in April. Sh167.41 by July.
🌻Who’s capturing the gain? Not the consumer. Not the farmer.
🌻Kenya’s ex-factory sugar prices rose over 40% annually in both 2022 and 2023 — outpacing cane prices.
🌻That gap between what millers pay farmers and what they charge consumers keeps widening. World Bank and CAK both confirmed it in November.
🌻The State wrote off Sh117 billion in mill debt in 2023. Another Sh62 billion in 2020. Public money, private profit — and still no discipline in pricing.
🌻Now CS Kagwe has banned new import licences, betting leased mills alone will fix a market they haven’t fixed in a year of trying.
🌻Record harvests. Record prices. Same farmers getting shortchanged.
🌻That’s not agricultural reform. That’s extraction with a press release.
They scheduled Obado’s ruling today.🚩
They scheduled Mandago’s ruling today.
Notice the pattern yet?
Obado is guilty. Headlines explode.
Mandago walks free. Crickets.
Same day.
Same news cycle.
Different outcomes.
Call it a coincidence, but in Kenya, nothing is coincidental anymore in my opinion.
This is the new blueprint by this: flood the room with noise so no one hears the quiet escape.
We should not be blind. We should see the play.
@Egline_Samoei@SafaricomPLC Funny thing is they say its ulimited 15mbps for 2999 but in really its 450GB ukimaliza hivo it cuts you off suffericom are thiefs like our president
The biggest danger is William Ruto being in the country to meet with Ramaphosa.
I wish people understood how life threatening Ruto is to this Republic, and Ramaphosa is a willing participant.