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Unga Prices Set To Drop As Maize Imports Commence

Kenyan Business Feed by Kenyan Business Feed
Unga Prices Set To Drop As Maize Imports Commence
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Unga prices are distinctly possible to drop by the end of this month and early next month as inflows from Tanzania and Uganda start trickling in which is likely to ease the cost of maize flour.

At the moment, a 2-kg packet of unga sells at sh 110-sh 125 with more common brands of maize flour selling at around sh 122. A 90 kg bag if maize retails at sh 3000- sh 3500 locally.

Maize harvests from South Rift Valley and Western Kenya are expected by earlier or mid next month which will further see a fall in unga prices. Tanzania and Uganda have a surplus of more than 8 million bags of maize. The Government is yet to allow duty-free imports from outside Common Market for Eastern and Southern Africa.

Last month, Agriculture Cabinet Secretary Mwangi Kiunjuri said that once the government sanctions imports, millers will be allowed to bring in 12.5 million bags of maize for human consumption and animal feeds manufacturing.

These imports have come at an appropriate time when the Government is in the process of releasing more maize into the market to stabilize unga prices.


Kenyan Business Feed is the top Kenyan Business Blog. We share news from Kenya and across the region. To contact us with any alert, please email us to [email protected]
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