Increased prices on cereal products
The Cereal Millers Association (CMA) has warned that delays in releasing C60 wheat import approvals could increase the cost of wheat flour, bread, chapatis and other wheat products.
C60 permits allow approved millers to import wheat under the Duty Remission Scheme. The association said delayed approvals are raising demurrage, storage and financing costs as consignments remain uncleared.
Kenya imports about 95% of its wheat, making it highly exposed to global supply disruptions. CMA members have agreed to buy local wheat at Ksh5,100 per 90kg bag, up from Ksh4,750, but say outstanding import approvals are still pending.