Retailers demand Sh175 million to lower maize flour prices

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Retailers now want the state to reimburse them Sh175million that they paid millers for maize flour supplies before they can cut the price of the staple commodity to Sh100 under a Treasury-backed subsidy.

Retail Traders Association of Kenya (Retrack) chief executive Wambui Mbarire said they need the money to cater for the high cost they incurred to stock maize flour at higher prices before the subsidy.

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