| Updated Tue, May 9th 2017 at 00:00 GMT +3Basic foodstuff prices have risen beyond the reach of most Kenyans PHOTO:COURTESYBasic foodstuff prices have risen beyond the reach of most Kenyans. This has forced the Government to move to solve the problem by introducing a supplementary budget as the National Assembly resumes sittings today. Early April, the Government allowed duty-free importation of white maize from Mexico and removed valued added tax (VAT) on all inputs used in the manufacture of maize flour and wheat flour. It also released one million bags of maize, which it sold to millers at a price of Sh3,000 instead of Sh4,500. The Government expected these measures to considerably bring down the cost of maize flour from Sh153 to Sh115 in less than seven days.
Source: Standard Digital May 08, 2017 17:15 UTC