Kenya Traders Set to Import Bread from Uganda due to Hiked Prices

Business traders in Kenya are now set to import locally made bread from neighboring country Uganda citing the hiked cost of production in Kenya.

Kenya Traders Set to Import Bread from Uganda due to Hiked Prices

The bread named Tiptop seems to have reached the Kenyan markets as some citizens who had tasted it shared their experience.

However, this is anticipated to be bad news for Kenyan farmers and good news for Ugandan farmers.

This comes at a time the Energy and Petroleum Regulatory Authority Kenya {EPRA}announced that petrol prices had increased by Ksh7.58 per liter to retail at Ksh134.72 in Nairobi while diesel increased by Ksh7.94 to retail at Ksh115 while kerosene spiked by Ksh12.97 to retail at Ksh110.2.

This angered citizens especially local traders.

"Are we ready now perhaps to have long, hard, wise conversations on turning this country around? There is really no space at all for empty promises. Or tribalism. Or friend-ism. None," Laura Walubengo, a content creator stated.

Secretary-General of the Consumers Federation of Kenya (COFEK), Stephen Mutoro, argued that as a result of the fuel price increase, the cost of food, transport, and production would be escalated.

"Kenya's opaque and unpredictable fuel pricing will hurt the economy and strain FDIs," Mutoro stated.