Sharp Daily
No Result
View All Result
Wednesday, October 8, 2025
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

Relief For Kenyans As Unga, Rice Prices Set To Drop End Of February

Sarah Wamaitha by Sarah Wamaitha
January 3, 2023
in News
Reading Time: 2 mins read
Unga

[Photo/ Courtesy]

Agriculture Cabinet Secretary Mithika Linturi has revealed plans to lower maize flour costs by end of February 2023.

Speaking to the media on Tuesday, December 3, Linturi pledged to lower the cost of maize flour, which is now sold for more than Ksh200 to help Kenyans.

He clarified that the government had ordered the importation of maize in December 2022 in order to carry on President William Ruto’s campaign promise to cut living expenses.

Furthermore, the CS hinted that other basic commodities such as rice will be reduced over time but did not specify the rate at which the products’ prices would be affected.

RELATEDPOSTS

How public ratings could shift healthcare dynamics in Kenya

September 4, 2025

Why firms are shedding jobs despite survival

June 19, 2025

Read: Unga Prices To Hike As Tanzania Freezes Maize Export Permits

As a result of the high cost of food, fuel, and housing, Kenya’s inflation rate in December stood at 9.1%. Since June, annual inflation has exceeded the central bank’s 7.5% cap, highlighting the challenging economic conditions Kenyans have been experiencing.

Kenyans were also urged by the Agriculture CS to invest in agriculture, saying that it was the only way to lower the cost of living. He claimed that the government had to import a number of different items due to the market’s limited supplies.

“I want to encourage Kenyans to plant something no matter how small the land is. If we were all to rely on buying food, assuming that nobody went to the farm to produce that food, we wouldn’t chew on the coins or the notes that we all have,” he said.

Read: No Subsidy For Unga, Ruto Tells Kenyans

President William Ruto had earlier on stated that his government will not subsidize food products such as maize flour.

Speaking during Kenya Kwanza’s Members of Parliament (MPs) retreat in Naivasha, on September 16, 2022, Ruto said that subsiding consumable products was unsustainable, thus he would not take the move.

The president stated that the government would focus on supporting producers and let the prices of food products stabilize by themselves.

Email your news TIPS to editor@thesharpdaily.com

Previous Post

Here Is Why You Should Consider Being A Member Of A Co-operative Society

Next Post

KQ’s Suspension From The Bourse Extended For 12 More Months

Sarah Wamaitha

Sarah Wamaitha

Related Posts

News

Kenya Q2’ 2025 GDP growth accelerates to 5.0%

October 3, 2025
News

Argentina’s crisis and Kenya’s lessons on political economy and market confidence

September 25, 2025
News

Kenya’s financial system remains stable but faces rising risks

September 25, 2025
News

Where do Kenyan stock returns come from? A napkin framework

September 19, 2025
News

September snapshot: CMMF yields 13.12% as month unfolds

September 5, 2025
Private equity investment business concept
News

Private equity and insurance

September 4, 2025

LATEST STORIES

The economic and environmental gains of Kenya’s LPG shift

October 8, 2025

Equities, Bonds, or Fixed Deposits?

October 7, 2025

Kenya’s Inflation is creeping up, What it means for investors

October 7, 2025

The Role of Micro-Pensions Plans in Kenya

October 3, 2025

Understanding the link between international aid and cooperative finance stability in Sub-Saharan Africa

October 3, 2025

Kenya Pipeline Company IPO

October 3, 2025

Kenya Q2’ 2025 GDP growth accelerates to 5.0%

October 3, 2025

Kenya’s Regulated SACCOs Cross Trillion Shilling Mark

October 2, 2025
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024