Business News
Maize rots in North Rift
Major millers are buying maize at an average price of Sh2,167 while the board is offering Sh1,700 for the 90kg bag.
Eldoret-based Maize Milling Company and Mombasa Millers are offering Sh2,200 for the grain while Corn Products Company is offering Sh2,150. Unga is offering Sh2,100.
Last month, Agriculture minister William Ruto banned maize exports to guard against a possible deficit that might be experienced in the country.
Lose harvests
While announcing the move at his Kilimo House office, Mr Ruto said: “Traders who engage in anything to the contrary will face full force of the law. The ban is to ensure the country does not lose harvests to regions and other markets.”
“Our priority is to feed Kenyans... business follows later,” he added.
The minister said the ban will ensure maize that is harvested is used within the country adding that more maize would be imported by April next year to plug the deficit.




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