Unga projects higher input costs on extended drought

unga

Unga Limited silo in Eldoret. FILE PHOTO | NMG

Food processor Unga Group expects high input costs to remain prevalent this year from the drought conditions in Kenya and neighbouring countries, constraining margins.

A rally in the cost of raw materials pulled the Nairobi Securities Exchange-listed firm into a loss in the half-year that ended December despite upward adjustments of prices of its human and animal feed products.

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