This archive report was first published on 12 August 2019.
On August 12, 2019, maize imports from Tanzania and Uganda helped stabilize the market price of the grain, averting fears of a sharp increase in flour prices on supermarket shelves.
The price of a two-kilo packet of flour has averaged Sh123 since June, defying the Ministry of Agriculture's projections that the cost would shoot to over Sh130 citing an imminent maize shortage in the country.
Millers attribute the current price stabilisation to improved supplies in the market.
"Prices have remained consistent over the past few weeks therefore no need for finished product price change," said Nick Hutchinson, chief executive officer of Unga Group.
Millers say that they are paying between Sh3,300 and Sh3,400 for a 90-kilogramme bag at the moment in Nairobi.
Agriculture principal secretary Hamadi Boga said the price of flour will remain at the current levels if the flow of grain from neighbouring countries remains at the current level.
