spot_img

Government Increases Miraa Prices to Reflect Market Trends

Date:

NAIROBI, Kenya – The government has increased miraa prices in response to changing market trends, Agriculture CS Mutahi Kagwe announced on Saturday.

Under the new pricing structure, a kilogram of Grade 1 miraa will now cost Ksh.1,300, up from Ksh.700.

Grade 2 Miraa will now cost Ksh.700, up from Ksh.350, while Alele Miraa will cost Ksh.1,000, up from Ksh.500.

The new prices were negotiated during a Thursday meeting between Ministry of Agriculture officials, miraa farmers and traders, and the Miraa Pricing Formula Committee.

The committee is mandated to guide miraa pricing by reviewing factors such as production data, supply and demand, and cost of production.

According to the Agriculture and Food Authority (AFA), the miraa sector generates Ksh.13 billion annually in revenue.

Kenya exports miraa to Somalia, Israel, and the Democratic Republic of Congo (DRC), making it a key cash crop for farmers, especially in Meru County.

Anthony Kinyua
Anthony Kinyua
Anthony Kinyua brings a unique blend of analytical and creative skills to his role as a storyteller. He is known for his attention to detail, mastery of storytelling techniques, and dedication to high-quality content.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Trending

More like this
Related

The Raila Paradox: Silence, Strategy and Political Shockwaves

NAIROBI, Kenya- The political corridors are buzzing—loud, restless, and...

Yet Another Win: JKIA Crowned African Cargo Airport of the Year at STAT Times Awards

NAIROBI, Kenya - Jomo Kenyatta International Airport (JKIA) has been honoured...

KQ, London Metropolitan University Ink Lucrative Partnership to Accelerate Aviation Training 

NAIROBI, Kenya—Kenya Airways and London Metropolitan University have sealed...

Gilbert Kinyua: MPs Want Ex-Bedmate of Murdered KNH Patient Questioned

NAIROBI, Kenya - Investigations into the gruesome murder of Gilbert...