Good morning,
Kenyans have been alerted by the Cereal Millers Association (CMA) about an impending scarcity of maize flour in supermarkets and retail stores nationwide.
Caxstone Kigata, a representative of the CMA, conveyed to the National Committee on Agriculture and Livestock that the government still has an outstanding debt of KSh 2.5 billion, which remains unpaid from the maize subsidy program.
According to Kigata, during the final days of Uhuru Kenyatta’s presidency, millers supplied inexpensive maize flour amounting to KSh 4.4 billion, but the government has only settled KSh 1.9 billion of that amount.
In other news, in the event that President William Ruto gives his approval to the Finance Bill 2023, individuals belonging to the hustler class will experience a negative impact as they will be required to spend more money out of their own pockets to purchase essential goods and commodities.
The price of fuel is projected to surge dramatically as 184 Members of Parliament have given their endorsement for doubling the Value Added Tax (VAT) on petroleum products from 8% to 16%.
The increased fuel costs will have a ripple effect on various sectors, including manufactured goods, groceries, and public transportation fares, as manufacturers pass on the additional expenses to consumers.
Meanwhile here is the news making headlines on Opera News Today
Empty pockets as President Ruto tax measures beckon
You should brace yourself for tougher times with commodity prices expected to rise further while incomes drop, as the government’s pocket-raiding proposals start to take effect in a week’s time.
Ruto’s Camp Responds Hours After Azimio Announced the Return of Mass Action Rallies
Hours after Azimio la Umoja one Kenya Coalition leaders announced the return of mass action rallies, Ruto’s Kenya Kwanza camp has finally responded.
The Wounded General, Raila’s Weakness Exposed Amidst Call To Hold Back Public Rallies In Streets
In response to the government’s decision to impose additional taxes, the opposition has made threats to resume public demonstrations.
On June 27, 2023, Azimio la Umoja One Kenya invited Kenyans to a rally at the Kamukunji grounds in Nairobi.