Mr Joshua Chepkwony, the owner of Jamii Unga confirmed to the Daily Nation that his firm had lowered the price per bale, but could not provide the figures.
“It is true we lowered our price because we are considerate of our customers. What we are doing is to ensure that we make margins that are reasonable and that will not subject buyers to higher prices,” said Mr Chepkwony who also owns fibre firm Jamii Telecoms.
A recent food status report from the Ministry of Agriculture indicates Kenya will have a maize flour deficit of two months between June and July as the available stocks run out.
The food balance sheet report, which gives the status of available food in the country, indicates that Kenya had 15 million bags of maize as at January 31.
The report notes that from the current food stocks, the country has a shortfall of 7.5 million bags, which has seen the price of the staple increase by 32 per cent on average compared to the same period last year.
The depressed long rains performance resulted in realisation of 32.8 million bags of maize against an expected production of 38 million bags.