Kenya: Maize price to climb after the end of subsidy

The price of maize is expected to rise in the coming days with the end of the subsidy as all millers resume operations in the wake of a limited supply of the produce. Only 129 millers out of 300 had been listed under the subsidy with more than half of the processors halting their milling activities after the government announced that most flour brands were to be sold at Sh100 (per two-kilogramme packet) during the subsidy period. United Grain Millers Association (UGMA) chairman Ken Nyaga says the coming on board of the millers who had stopped processing will put pressure on the available grain, hence pushing up the cost. “During the subsidy programme, there were only 129 millers who were processing, with the end of this scheme, those who had stopped are now back to milling, this will put more pressure on limited maize that we have in the market,” said Mr Nyaga. Mr Nyaga said the cost of maize will rise to Sh5,900 from the current low of Sh5,500 for a 90-kilo bag. “The flour will ...