Prices of Maize flour ,whet wont change,Millers affirm

Prices of Maize flour ,whet wont change,Millers affirm

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BY JOAN WANJIKU,NAIROBI,25TH SEPT,2018-The Cereal Millers Association  now say Maize and wheat flour shelf prices will remain the same despite the recent fuel levy hike.This is according to the Association’ s Chairman Mohamed Islam.

Speaking on Tuesday during a Press briefing, Mr. Islam also announced that Kenya will be hosting an international millers’ conference next month.

Private millers in several parts of the country had already raised maize and wheat flour prices citing increased operational costs.

Parliament recently adopted the Finance Act 2018 that introduced Value Added Tax of 8percent on petroleum products.

This followed the proposal by President Uhuru Kenyatta to halve the initial 16percent VAT.

The price of 2kg maize flour packet is currently retailing at between Ksh 115 and Ksh 113.

 

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