Share

KwolCo’s outlook for East Africa’s commodity markets

In Kenya, the treasury had granted millers permission to import maize at a lower tariff but declined to extend the duration as requested by millers on fears the imports would coincide with the harvesting of short-rain crop from south rift, impacting negatively on local prices. However, millers say they will not be importing maize and warn Kenyans should brace for higher prices of flour in the coming days on the account of expensive raw material. Nick Kwolek, Founder of KwolCo joins CNBC Africa more.

Thu, 14 May 2020 10:44:29 GMT
Sign Up for Our Newsletter Daily Update
Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent.
Get this delivered to your inbox, and more info about about our products and services. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.