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Pain For Consumers As Milk Prices Goes Up

Kenyans have suffered one more blow day after an increment in fuel costs with milk costs going up.

Milk processors have as of now increased the costs of the product even as Kenyans keep on experiencing the blunt of the Covid-19 pandemic that has crippled the economy. As indicated by the New Kenya Cooperative Creameries (KCC) Managing Director, Nixon Sigey, processors were last year compelled to cushion consumers from paying more for milk following the increase in production cost.

Sigey clarified that while the cost paid to the farmers expanded, the cost paid by buyers continued as before in the course of one year.

"Farmers costs expanded from Ksh33 in March 2020 to Ksh45 at present. For quite a while, consumers costs remained between the range of Ksh45 and Ksh50 per packet contingent on the brand," Sigey expressed. Currently, a half a liter of long-life milk is retailing at Ksh60, up from Ksh55 while fresh milk retails at Ksh55, up from Ksh50. However, the new milk costs will see the cost changed upwards by Ksh3 and Ksh5 per liter.

This is the first time the cost of milk is going up in over a year.

Following the Ksh7 increment per liter in costs of oil and diesel as declared by the Energy and Petroleum Regulatory Authority (EPRA) on September 14, the cost of different items is bound to rise.

After an uproar from members of from public, Energy Cabinet Secretary, Charles Keter, and his oil counterpart, John Munyes, were summoned by the Senate to clarify the influx in fuel costs.

Nonetheless, the two CSs didn't appear for their grilling. Likewise, the Speaker of the National Assembly, Justin Muturi, called for Members of Parliament to table concerns on fuel costs for discussion in the August House.

Content created and supplied by: TwinsM (via Opera News )

KCC Kenyans New Kenya Cooperative Creameries Nixon Sigey Sigey


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