The sports category has moved to a new website.

Maize Flour prices to drop after one week – CS Willy Bett announces

Agriculture Cabinet Secretary Willy Bett has announced that prices of maize flour will drop in a week’s time after Maize imports start arriving in the country.

Agriculture Cabinet Secretary Willy Bett

Making the announcement, Bett noted that the prices of flour had increased to Sh142 for a two-kg packet but allayed fears that the prices could hike further.

“If this continues, the prices of maize flour will be pushed to a high of Sh150 or Sh160 for a two-kg packet. The waiver of duty on imported maize by the government will curb this.

"Maize from Mexico is the cheapest in the market and it should help reduce the price of maize flour. We are also expecting imports from Ethiopia to start getting into the country soon through the Moyale border," Bett said.

Kenyans had been anticipating a drop in prices after Finance Cabinet Secretary Henry Rotich while reading the budget, announced the removal of Value Added Tax on both bread and maize flour for the next four months.

ADVERTISEMENT

Mr Rotich stated that the prices would be now cheaper and warned millers and bread manufacturers of a reversal decision if they failed to implement the new order.

“In order to make these commodities affordable for the common mwananchi, I propose to zero-rate bread and maize flour to remove VAT altogether.

“Manufacturers, wholesalers, and retailers who sell such goods will be expected to reduce the prices of these basic commodities, failure to which, I will reverse the policy,” Rotich said while reading the Budget statement to parliament last week on Thursday.

ADVERTISEMENT

Eyewitness? Submit your stories now via social or:

Email: news@pulselive.co.ke

Recommended articles

10 African cities with the highest crime index at the start of 2024

10 African cities with the highest crime index at the start of 2024

Machoka at 70: Emotions run high during Citizen TV presenter's birthday [Video]

Machoka at 70: Emotions run high during Citizen TV presenter's birthday [Video]

Diwali 2022: Is Monday a public holiday in Kenya?

Diwali 2022: Is Monday a public holiday in Kenya?

Akothee finally reveals reasons for separating from Omosh 1 month after wedding

Akothee finally reveals reasons for separating from Omosh 1 month after wedding

Man, once a ‘billionaire’, recounts how he lost wealth, now sells his book on streets [Video]

Man, once a ‘billionaire’, recounts how he lost wealth, now sells his book on streets [Video]

Details of Ngina Kenyatta's luxurious restaurant

Details of Ngina Kenyatta's luxurious restaurant

Zero Chills! Jackie Matubia's advice for Milly Chebby amid the unfollow drama

Zero Chills! Jackie Matubia's advice for Milly Chebby amid the unfollow drama

Nigerian royal dignitaries, including four kings and a queen, expected to attend Museveni’s 50th wedding anniversary celebrations

Nigerian royal dignitaries, including four kings and a queen, expected to attend Museveni’s 50th wedding anniversary celebrations

10 African countries with the strongest military power in 2024

10 African countries with the strongest military power in 2024

ADVERTISEMENT