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Kenya opens window for import of 12.5m bags tax-free maize
FRIDAY JULY 5 2019
Nairobi. Kenya's Treasury is set to open a window for duty-free import of 12.5 million bags of maize to meet a shortfall that has seen shelf prices hit Ksh125 ($1.22) for a two-kg packet of flour.
The imports are expected to start at the end of this month and last until end of October, in time for the next harvest, Andrew Tuimur, the Chief Administrative Secretary (CAS) in the Ministry Agriculture told Senators yesterday.
The importation will be done by private companies.
Ten million bags out of the 12.5 million earmarked for importation will be white maize for household consumption while 2.5 million will be yellow maize for processing of animal feeds.
"We anticipate to begin importation of maize at the end of this month. As we speak, the country has enough maize stock to last us a month," said Dr Tuimur while addressing the Senate committee on Agriculture.
Agriculture Secretary Mwangi Kiunjuri in April said the country had stocks to last only up to the end of June, following failure of the long rains season.
FRIDAY JULY 5 2019
Nairobi. Kenya's Treasury is set to open a window for duty-free import of 12.5 million bags of maize to meet a shortfall that has seen shelf prices hit Ksh125 ($1.22) for a two-kg packet of flour.
The imports are expected to start at the end of this month and last until end of October, in time for the next harvest, Andrew Tuimur, the Chief Administrative Secretary (CAS) in the Ministry Agriculture told Senators yesterday.
The importation will be done by private companies.
Ten million bags out of the 12.5 million earmarked for importation will be white maize for household consumption while 2.5 million will be yellow maize for processing of animal feeds.
"We anticipate to begin importation of maize at the end of this month. As we speak, the country has enough maize stock to last us a month," said Dr Tuimur while addressing the Senate committee on Agriculture.
Agriculture Secretary Mwangi Kiunjuri in April said the country had stocks to last only up to the end of June, following failure of the long rains season.