JUST IN: CBK Report: Sugar, Cooking Oil, and Vegetables Set for Price Hike 

  Kenyans should brace for higher sugar and cooking oil prices in February 2025, according to a recent Central Bank of Kenya (CBK) survey. The Agriculture January 2025 Report attributes the projected increase to rising global costs, which are driving up local market prices. The report highlights that industry stakeholders foresee a slight increase in sugar and cooking oil prices due to ongoing developments in the international market. “On balance, sampled respondents expect prices of sugar and cooking oil (salad) to increase slightly in February 2025, reflecting developments in the global market, where prices of these items have edged up in the recent past,” CBK stated. However, the
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