Retailers are not to blame for the fluctuating milk prices in the country, Tuskys Supermarkets CEO Dan Githua has said….
Retailers are not to blame for the fluctuating milk prices in the country, Tuskys Supermarkets CEO Dan Githua has said.
Githua on Tuesday said a packet of milk has not been sold beyond Sh57 in the past three years with most of the money going to processors.
«From the Sh57 for a 500ml packet, the farmer gets an average Sh18, the processor Sh36 and retailers get Sh3.»
Githua, through the #milkfactsKE, said there has been a pattern in the past three years where the prices are high between January and April.
He said the prices have been moderate between May and July and low from August to December.
The retailer said the change in prices has been because of the varied weather patterns experienced in the past few months.
«Concerned Kenyans can expect milk prices to ease a little towards the end of May and further in July.»
«That is a historical trend and I advise people to be penny wise and buy milk from dispensers to save more,» he said.
Read: Food traders suffer as milk prices go up
This comes as milk prices in the country were recently ranked as the second most expensive in Africa.
The product is retailing at an average of Sh103 per litre, which is second to South Africa’s Bhisho city where it is retailed at Sh149.
Some twitter users pointed out that the prices have risen as a result of drought and inflation.