Sharp Daily
No Result
View All Result
Friday, July 11, 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

Why firms are shedding jobs despite survival

June 19, 2025

Opinion: Austerity wrong medicine for Kenya’s economy.

June 16, 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

Business

Del Monte foods files for bankruptcy in USA

July 3, 2025
News

Private vs Public Pension Funds in Kenya

June 30, 2025
Investments

Investor shift to long term bonds drives oversubscription in CBK’s reopened auction

June 19, 2025
News

The real price of Israel – Iran Conflict for Kenya.

June 19, 2025
Economy

Resilient but strained: Kenyan firms speak out in May 2025 CEO survey.

June 19, 2025
News

Co-op Bank posts KES 6.9 billion profit in Q1’2025

May 16, 2025

LATEST STORIES

Why Employers Should Prioritize Pensions Over One-Time Gratuity Payments

July 10, 2025
Business and Finance Concept - Coin, Currency, Financial Item, Graph,

Opinion: Why lower taxes may be Kenya’s only escape route

July 10, 2025

Nvidia becomes the first company globally to hit USD 4.0 trillion market value

July 10, 2025

Privatization in Kenya: A new dawn for capital markets and fiscal stability

July 10, 2025

How Kenya is future-proofing its economy against illicit finance

July 9, 2025

The importance of Investment Policy Statements (IPS) for pension schemes in Kenya

July 4, 2025

Understanding Life Cover as an Additional Benefit in Retirement Benefit Schemes

July 4, 2025

Del Monte foods files for bankruptcy in USA

July 3, 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