Wed, 25-Feb 2026

Search news articles
  • Home
  • AllAgricultureBankingAviationEnergyManufacturingTechnologyStartups
  • Geopolitics
  • Kenya Business NewsAfrican Business NewsGlobal News
  • Press Releases
  • Shows
  • Best Places to Work 2026
Subscribe
Events
Subscribe
  • Home
  • AllAgricultureBankingAviationEnergyManufacturingTechnologyStartups
  • Geopolitics

    Contact Us

    Media Queries & Partnerships:[email protected]

    About Us

    We are a leading integrated digital content platform providing in-depth business and financial news across Sub-Saharan Africa & the globe.

    Disclaimer

    The information contained in this website is for general information purposes only.
    © 2026 Wallstreet Africa Technologies LTD.. All Rights Reserved.
    1.0.32

    Maize Imports Record a 92% Rise on Tax Waivers and Shortages

    Leah
    By Leah Wakarima
    - October 13, 2022
    - October 13, 2022
    AgricultureKenya Business news
    Maize Imports Record a 92% Rise on Tax Waivers and Shortages

    Maize imports climbed over three times in the three months to June as traders rushed to take advantage of the government waiver of duty on imported grain to address local market shortages.

    Data by the Kenya National Bureau of Statistics (KNBS) show maize imports hit 223,528 tonnes between April and June this year, a 92 per cent increase from the 116,152 tonnes imported between January and March.

    The rise was also a 278 per cent increase from the quantities imported into the country during a similar quarter last year.

    “There was a surge in the volume of imports of maize, which more than tripled from 59,100 tonnes in the second quarter of 2021 to 223,500 tonnes in the second quarter of 2022. Consequently, expenditure on imported maize rose significantly from KES 1.5 billion to KES 6.2 billion over the same period,” KNBS said.

    KNBS noted an increase in maize coming in from Tanzania, with the total value of goods imported from the neighbouring country rising by 42 per cent to KES 15.4 billion compared to KES 10.8 billion last year.

    National Treasury Cabinet Secretary Ukur Yatani in May suspended tax on maize imports of up to 540,000 tonnes to increase imports from outside the East African Community (EAC) in a bid to ease pressure on maize flour prices.

    A prolonged drought and high input costs have cut output of the staple, pushing the price of a kilo of maize flour to KES 84 in September, up from KES 57 last year.

    The government in July extended duty-free maize imports for two more months to allow importers to ship in the product to ease a shortage of the cereal that has pushed up the cost of maize flour.

    The Kenyan Wall Street

    We are a leading integrated digital content platform providing in-depth business and financial news across Africa & the globeSubscribe
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...

    Your edge in markets, powered by AI

    Explore cutting-edge insights with our AI assistant, delivering real-time analysis, personalized news, and in-depth answers at your fingertips.

    Sign Up

    Show me today’s top trades

    Explain the market in simple terms

    What’s my next smart move?

    Report Issue

    Wall Street Africa Business Intelligence

    Access exclusive news, expert analysis, and tools designed to give investors an edge.

    Fixed Income

    Real-time bond pricing with instant calculations, auction data, yield curves, and trend analysis for Africa’s fixed-income markets.

    Local and Global Insights

    Unique perspective with a blend of local and global news and analysis, tailored for African investors.

    Real-Time Economic Indicators

    Monitor inflation, currency movements, and other key economic indicators for African countries.

    Interactive Data for Local Markets

    Visualize trends and compare markets across Africa with interactive charts and tools.
    Wallstreet Africa
    Wallstreet Africa
    Wallstreet Africa