You will pay Sh10 less for a packet of milk from Thursday, Agriculture CS Willy Bett has said.
Bett said the drop resulted from government interventions to stabilise basic commodity prices that have skyrocketed due to drought.
This means a 500ml packet of fresh milk will now cost Sh55 while UHT packets of the same size will retail at Sh65.
The pricing will take effect on June 1 which is World Milk Day.
During a press conference on Wednesday, Bett also announced that
sugar prices will stabilise in two weeks. He said a kilogramme will cost about Sh100.
The CS
this follows the government’s decision to do away with duty on sugar imports from COMESA countries.
Bett noted the high sugar prices were
worsened by the scarcity of the commodity in the COMESA region.
“The countries could not meet the quotas we normally give,” he said.
“I assure Kenyans that in a week or two, the price of sugar might be the lowest they have ever seen," he said, adding the effects of interventions cannot be felt immediately."
He added that the removal of duty on sugar imports will see a 50kg bag retail at Sh5,500 from between Sh8,000 and Sh9,000.
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