09 Feb 2018, Gergana Bencheva, EMIS Editor
Kenya’s govt buys 2.7m bags of maize to support reserves
The acquired maize is a record-high amount for a single season and the government paid a price of KES 3,200 per 90 kg bag which is higher than the usual price paid by local millers and traders.
Maize grain and flours represent a 3% share of Kenya’s CPI basket. The drought last year led to heavy shortages and the government had to launch a special subsidy programme to cope with the crisis, CEEMarketWatch reminded.
Sign in and read the full article in emis.com