Maize price hikes leaving business community worried and Consumers pessimistic

By Fazir Byekwaso

 Being the most widely consumed food, posho prices have sky rocketed due to scarcity of maize at the millers.

The price of posho is now at 2600 shillings amount that used to purchase rice at a retail shop, Posho is becoming like a cake to many as more consumers are soon doing away with buying this food because it is expensive.
 

The maize is in the hands of few business men who have gotten stores with huge stocks of more thousands of maize sucks.

These Agro business men have taken advantage of the situation to sell maize at 1450 Ug shillings a kilogram increasing prices of the output by miller owners. The bag of 100kg posho is sold at 240000 Ug shillings
Monica Bumba, a business woman at Bugembe Agali Awamu famously known as Kazi Mingi said that maize is got from far western Ugandan districts of Kisoro, Kyenjojo and in areas of Kiboga.

“Our fellow business friends have given it a break as they do not have access to maize, and less quantity in supply is expensive and yet we have no money to buy it. We are waiting for the fruitful season to come which I can not tell.” She said
“Hard times call for hard people, as it goes that when the going gets tough, people are also getting serious, unfortunately rain is partial in some areas of the country as majority depends on the seasonal rainfall to cultivate their gardens.

There is drought and famine in many parts of Uganda though some are experiencing some rainfall and some are being helped by the NGOs to give some foods and relief to the people.

The famine and draught was caused by the two seasons that saw no harvests due to un reliable rain that falsely seduced farmers to do planting yielding nothing in return.

Much rain was expected in this month of March up to June but all in vain