Unga Ltd’s #ticker:UNGA top-selling maize flour Hostess is back on the shelves after an eight-month absence. The return follows millers’ fresh purchase of local grain from farmers and heralds end of subsidised flour.
The brand, popular with the middle class, hit the shelves this week after customers had been forced to use cheaper alternatives following a sharp decline of maize stocks in the country that saw the miller halt its processing.
A two-kilogramme packet is currently retailing at Sh154 in supermarkets around Nairobi from Sh148 in May.
“We have resumed milling of Hostess and we are using the maize that we are procuring from farmers and traders,” said Nick Hutchinson, chief executive officer of Unga.