SABIL will manage 14 silo branches across the kingdom, including four located in major ports.
Kenya currently imposes a 50% ad-valorem duty on maize imports from countries outside the East African Community (EAC), in line with the EAC’s Common External Tariff (CET).
Redirecting animal feed manufacturers to utilize yellow maize is expected to decrease the pressure on white maize supplies.
The maize shortage is driving up costs, affecting both consumers and the livestock sector.
The price drop has been fueled by the influx of freshly harvested maize, with new stock entering the market at US$ 28.82 to US$ 34.58 per 50kg bag.