The Wayback Machine - https://web.archive.org/web/20180905123743/https://allafrica.com/stories/201809050240.html
3 September 2018

Rwanda: Hiking Irish Potato Price Worries Kigali Residents

For the past two weeks, the retail price of Irish potatoes has been going up significantly.

This rise has caused consumers to review and adjust consumption habits with businesses that use them as raw materials such as restaurants reviewing food prices.

The consumers have expressed concern on how the prices of have gone up with current prices standing at prices ranging from Rwf 370 to Rwf 500 for a kilogramme.

The prices consumers say has led them to adjust consumption and have continued to rise despite sector efforts to ensure regular supply to curb price hikes. With regular supply, a kilogramme of potatoes is sold at Rwf 260 in wholesale.

"Rwanda being a free economy where the supply and demand forces are the key determinants, Irish potatoes are not exempt. The skyrocketing price is as a result of the scarcity of the commodity and irregular supply from the main regions producing potatoes (Nyabihu, Ruhengeri and Musanze)" Nzanimpa Theoneste, an Irish potato traders' representative for Kacyiru zone told Business Times.

Stakeholders say that this is evidenced by decreased outputs from the various production regions.

For instance, stakeholders say that in recent weeks, wholesalers have had to seek potatoes from other regions with some even sourcing from outside the country.

"The impact can also be felt in the sense that in the early months of April, May, and June in Kigali only, the consumption level was 600 tonnes per day but that quantity has fallen drastically by more than 60 per cent to just 240 tonness," Nzanimpa said.

Patrick Nsabimana a Kacyiru resident running a small food business said that he has had to cut production from using 40 kilogrammes of input to 15 Kilogrammes to adapt to the price adjustments and consumer trends in response to food prices.

Rwanda

Kagame Backs New China-Africa Development Framework

President Paul Kagame has backed the Africa-China development framework announced on Monday by Chinese President Xi… Read more »

See What Everyone is Watching

Copyright © 2018 The New Times. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 600 reports a day from more than 140 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.

More From: New Times

Quantcast
Morty Proxy This is a proxified and sanitized view of the page, visit original site.