Maize flour prices to drop in two days, Agriculture CS Munya
Maize flour prices will drop in the coming few days after Agriculture CS Peter Munya’s directive to Kenyans against the high cost of living.
Agriculture Cabinet Secretary, Peter Munya, has assured Kenyans that maize flour prices will drop in the next few weeks following a raft of measures put in place by the government.
While speaking at Namanga One-Stop Border Point (OSBP) in Kajiado on Tuesday, June 28, Munya issued a directive suspending taxes and levies on imported maize.
He claimed that this would provide consumers with relief from struggling with the rising prices for essential necessities.
“This directive will take effect in the next two days once it has been published and gazetted by the government.
“We (the government) are looking for ways of addressing the cost of maize which has affected every home in the country. Maize is the staple food in the country,” Munya stated, adding that he met a multi-agency team to deliberate on the decision.
Traders have been selling the 2-kg packet of flour between Ksh200 and Ksh250.
The suspension will last for three months as the government finds a long-lasting solution to the high cost of living.
During the 90-day period, duty-free maize will only be imported by authorized merchants.
He noted that the duty-free maize will curb the maize shortage in the country as millers gear towards importing maize as authorized by the National Treasury.
“We do so (suspend levies) as we wait for the other maize millers were authorized to import which is likely to arrive within this period.”
CS Munya also noted that the high prices of maize flour is partly due to hoarding by some individuals.
He added that they tracking down the cartels and those found will be punished according to the law.
“We are tracking down individuals believed to have hoarded maize and they will be punished according to the law.
“Those unscrupulous agents should brace themselves for price reduction and should not complain nor find ways to circumvent our order,” Munya added.
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