Cabinet warns millers not to hoard maize - News Summed Up

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Cabinet warns millers not to hoard maize


To further mitigate the drought situation, the Cabinet urged pastoral communities to start destocking while their animals are still in good condition. By KENNEDY KIMANTHIMore by this AuthorThe government has warned millers against hoarding maize, saying, it will take “stern actions” on those who defy the directive. The warning contained in a dispatch from State House sent after a Cabinet meeting Thursday cautions that millers should not take advantage of the ongoing drought to increase prices of maize flour. Therefore, when millers start complaining over supplies, farmers and traders hoard their stock, creating an artificial shortage that eventually distorts the market in their favour. To further mitigate the drought situation, the Cabinet urged pastoral communities to start destocking while their animals are still in good condition.


Source: Daily Nation April 18, 2019 20:48 UTC



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