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Blow to Kenyans as Price of 2KG Maize Flour is Not Dropping Soon

HabariLeo by HabariLeo
2022/07/19
in News, Tech and Business
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Blow to Kenyans as Price of 2KG Maize Flour is Not Dropping Soon
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Celebration of the drop of price of Unga from Ksh 200 to 100Ksh by maize millers has been cut short as the implementation may not take place anytime soon.

Kenyans on social media Monday thanked the government for reducing the prices of maize flour to cushion them during these hard economic times.

But the declaration by the government may not be realized soon. According to The Star, the government subsidy of prices should be amended immediately.

The Ministry of Agriculture said millers would be offered an undisclosed subsidy to bring down the cost of the staple from above Sh210 a packet.

In the document inked between the ministry and millers, recommended retail price of flour should not exceed Sh100 for a 2kg packet, Sh250 for a 5kg packet and Sh490 for a 10kg packet.

But according to a miller, the price change may take time because they have to exhaust the current stocks already in the market.

In the deal, the millers also risk a fine 1 million or face five-year jail time if they sell the flour above Ksh 100 for 2kgs.

The subsidy is set to last some few weeks to election and probably few days after the hotly contested August polls.

The unga crisis has already been politicized with Deputy President William Ruto saying President Uhuru Kenyatta is using the price of Unga to campaign for Raila Odinga.

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