Price of maize flour reduces by Ksh2 after govt suspended levies

By , K24 Digital
On Thu, 30 Jun, 2022 17:23 | < 1 min read
A shopper at a supermarket. PHOTO/(@Internet)

The cost of a 2Kg packet of maize flour is set to reduce by Ksh2 after the suspension of levies on imported maize, Kenyan millers now say.

This is in line with Agriculture Cabinet Secretary Peter Munya's directives to suspend levies to reduce the cost of the precious commodity.

"We have decided to suspend all levies imposed on imported maize that is coming to Kenya from any border post from July 1, no charges will be levied on Maize," Munya remarked at the time.

Speaking to a local publication, the United Grain Association (UGMA), which is an umbrella entity of the small and medium-scale millers noted that the decision has little impact on customers.

"The move is so insignificant, we need a serious government intervention on making the maize available in order to cut down significantly on the cost of flour, " Ken Nyaga, UGMA chairman stated.

Nyaga also implored the state to initiate direct talks with other countries that are currently the source market for maize imports to remove export permits.

"If we can have direct government talks to scrap export permit levy, then the price of maize will come down and this will impact on the cost of the final product," he added.

What it costs for a packet of maize flour

The price of a 2Kg packet of maize flour which previously retailed at Ksh140 is currently retailing at Ksh200.

Suspending the levies will reduce the price to Ksh198.

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