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RSS FeedsCost of maize in Kenya all-time high as imports dry up
(WorldNews Africa)

 
 

26 march 2017 11:40:09

 
Cost of maize in Kenya all-time high as imports dry up
(WorldNews Africa)
 


By Bedah Mengo NAIROBI (Xinhua) -- The last time prices were at nearly such a level was over 10 years ago when East Africa´s biggest economy suffered a dry spell, as it is happening now. But besides the dry spell and low imports, the current price surge has been blamed on farmers and traders hoarding stocks they have in search of higher prices. The cost of the produce, data from wholesale markets showed Wednesday, is the highest in lakeside city of Kisumu, where a 90kg bag is going for 44 dollars. In the capital Nairobi, a 90kg bag of the produce is retailing at 40...


 
1 viewsCategory: General > Africa
 
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