More Rejection for Kenya's Price Control Bill

The signing of the Price Control Bill has drawn sharp criticism from manufacturers, farmers and lobbyists.This law means that the prices of essential commodities like flour, cooking oil and sugar will now be regulated by the government. The private sector argues that price control will have a negative effect on the economy.

A consumer buying flour (file photo): A policy think tank says that the Price Control Bill is not the solution to the problems facing consumers.

Video

Video

  • 17 September 2011
    Price Control Fears
    Publisher:
    NTVKenya
    Publication Date:

    A storm is brewing over the president's assent of the price control act into law. Manufacturers, lobbyists and even consumer organizations have ... see more »

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