This archive report was first published on 27 September 2021.
Kenya's economy continues to reel from the effects of the Covid-19 pandemic, with the latest blow being an increase in milk prices.
According to the New Kenya Cooperative Creameries (KCC) Managing Director, Nixon Sigey, milk processors have raised prices despite the cost of production increasing last year.
‘Farmers prices increased from Ksh33 in March 2020 to Ksh45 currently. For a long time, consumer prices remained between Ksh45 and Ksh50 per packet depending on the brand,’ Sigey stated.
However, the new milk prices will see the cost revised upwards by between Ksh3 and Ksh5 per litre, marking the first time the price of milk has gone up in more than a year.
Following the Ksh7 increase per litre in prices of petroleum and diesel as announced by the Energy and Petroleum Regulatory Authority (EPRA) on September 14, 2021, the cost of other products is expected to rise.
Lawmakers have called for Members of Parliament to table concerns on fuel costs for discussion in the August House, with the Speaker of the National Assembly, Justin Muturi, urging MPs to address the issue.