10 October 2018

Rwanda: Relief as Cassava, Banana Prices Fall

Following widespread concerns over rising prices of Irish potatoes owing to shortages, a drop of prices in the cassava and bananas has been received with much relief.

Last month, this paper ran a story showing how it was becoming almost impossible for many families in Kigali to afford Irish potatoes due the increase in prices.

However, a survey by this paper shows that there has been an increase in supply of banana and cassava as a result of the bumper harvest.

Cassava now is going for between Rwf150 and Rwf200 a kilogramme, while the price for bananas is between Rwf150 and Rwf180 per kilogramme.

The increase in produce has been attributed to heavy rainfall recorded between March and May this year.

According to traders, the falling prices have sparked high demand for bananas in Kigali.

Traders say that at least 100 tonnes of bananas enter Kigali on a daily basis compared to the last two months which was about 40 tonnes.

Noël Hatekigimana, a father of four who resides in Kacyiru, a Kigali suburb, says that the fall in prices especially, cassava has been a huge relief to his family.

"With the prices of Irish potatoes having gone up, this is a big relief for most of us," he said.


Investors Lose Shs180b in Rwanda Border Closure

Ugandan investors have lost about Shs180b since Rwanda closed its border with Uganda at Gatuna, the Private Sector… 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.