The CMA said the consignment of maize expected to land in Mombasa today is not sufficient to stop ongoing price inflation. When this happens, prices are expected to settle at the Sh125 - Sh135 per two kilo packet range." "These prices (market price) are significantly higher than the cost of the recently released government maize," the CMA said. The Strategic Grain Reserve stock, usually maintained by the NCPB to be used in instances of hunger has dwindling amounts. Millers have also come under fire for failing to take subsidised government supplies which were aimed at lowering flour prices.
Source: The North Africa Journal May 08, 2017 21:22 UTC