Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    KahawatunguKahawatungu
    Button
    • NEWS
    • BUSINESS
    • KNOW YOUR CELEBRITY
    • POLITICS
    • TECHNOLOGY
    • SPORTS
    • HOW-TO
    • WORLD NEWS
    KahawatunguKahawatungu
    BUSINESS

    RETRAK On Curbing High Prices And Shortages In Retail

    Eva NyamburaBy Eva NyamburaMay 11, 2017Updated:May 11, 2017No Comments2 Mins Read
    Facebook Twitter WhatsApp Telegram Email
    Shopping in a retail store
    Share
    Facebook Twitter WhatsApp Telegram Pinterest Email Copy Link
    Shopping

    Retail Trade Association of Kenya (RETRAK) chairman, Mr  Wahome Muchiri, said the prices of commodities are determined by the suppliers, and they are doing their best to address the situation, in a statement issued to newsrooms on Thursday.

    “We are inclined to pursue this engagement so as to provide relief for our customers,” Mr Wahome said.

    Most basic commodities are currently in short supply including essential foodstuff such as maize meal, sugar and dairy products, with their prices going up by upto 40%.

    “We are embarking on an engagement process with basic commodities suppliers to manage the prevailing shortage,” said Mr Muchiri.

    Mr Muchiri said that formal retail traders are not engaging in hoarding of essential food commodities. “We as the intermediary between the suppliers and the retail customers and we continue to suffer poor and acutely erratic deliveries,” he added.

    According to RETRAK, formal retailers avail products for sale at supplier recommended prices. He says members have no latitude to set prices at will and remain guided.

    Currently, a 2kg packet of maize flour is going for between Ksh160 to Ksh200, a kilo of sugar for almost Sh200 whereas one litre of milk costs Ksh80.

    The government has however promised to curb the ever rising prices. Parliament was called from recess on Tuesday to review the budget but the prices are yet to come down.

    Mr Muchiri said that the shortage is yet to be overcome, hence rationing may continue in almost all retail outlets.

    “All RETRAK members are committed to providing fair access to the commodities in short supply. We therefore request retail customers to cooperate and oblige when called upon to pick products under rationing treatment such as maize meal or sugar, in limited numbers,” read the statement in part.

    Email your news TIPS to Editor@Kahawatungu.com — this is our only official communication channel

    cost of living RETRAK
    Follow on Facebook Follow on X (Twitter)
    Share. Facebook Twitter WhatsApp LinkedIn Telegram Email
    Eva Nyambura
    • Website
    • Facebook
    • X (Twitter)

    Content creator at Kahawatungu.com | Passionate about telling the untold story. Lover of life, music and technology. Simplicity is KEY Email: Editor@Kahawatungu.com

    Related Posts

    Kenya and Ethiopia Back Safaricom and Ethiotel Strategic Investment Plans

    December 23, 2025

    Betika Rewrites Jackpot Rules: Sh50 Million to be won every eight weeks

    December 23, 2025

    A Practical Guide to Surfboards: Types, Shapes, and How to Choose the Right One

    December 21, 2025

    Comments are closed.

    Latest Posts

    Kenya and Ethiopia Back Safaricom and Ethiotel Strategic Investment Plans

    December 23, 2025

    Giovanna Lancellotti Siblings: Meet Nasser, Lucca and Gabriela Lancellotti

    December 23, 2025

    How Government Plans to Curb Illegal Sale of Prescription-Only Medicines

    December 23, 2025

    Five dead after plane carrying child burns victim crashes in Texas

    December 23, 2025

    Uhuru’s Jubilee Party Gains Popularity

    December 23, 2025

    Gachagua’s DCP Party Loses Popularity as ODM Overtakes UDA in Latest TIFA Poll

    December 23, 2025

    Support for Broad-Based Government Rises Sharply in Mt Kenya, TIFA

    December 23, 2025

    60% of Kenyans Satisfied With Government’s Handling of Raila Odinga’s Death, TIFA

    December 23, 2025
    Facebook X (Twitter) Instagram Pinterest
    © 2025 Kahawatungu.com. Designed by Okii.

    Type above and press Enter to search. Press Esc to cancel.