Business News of Wednesday, 9 November 2022

Source: www.ghanaweb.com

Today in History: A ball of Kenkey in Northern Region costs GH¢3 cedis – Report

Kenkey Kenkey

Last year, the price of a ball of kenkey shot up to 3 due to the increase in the price of maize after a shortage was experienced.

According to some Kenkey vendors, the price of a 100kg bag of maize sold for GH¢600 cedis, from almost half of it in the previous year.

This was a 100 percent increment in the sale of the price of a bag of maize.


Read the full story originally published on November 9, 2021, by GhanaWeb

• The increment in bag of maize is the cause of the high cost of Kenkey

• A usual ball of kenkey in Accra is GH¢2 cedis

• Kenkey is one of the most consumed food in Ghana

The price of a ball of Kenkey in Tamale in the Northern Region costs GH¢3 cedis, a report by TV3 Ghana has revealed.

The price hike in demand for Kenkey is a result of maize shortage in Ghana which has resulted in increases in food prices.

According to some Kenkey vendors, they now buy a 100kg bag of maize for GH¢600 cedis, a price which was half of it a year ago. This is a 100 percent increment in the sale of the price of a bag of maize.

The region which is known as the food basket of Ghana is gradually becoming an expensive place to live.

According to the report, consumers often buy two balls of kenkey since the size of Kenkey hasn’t been appreciated.

Meanwhile, the price of Kenkey in Accra is GH¢2 cedis, with others going for GH¢1.50 pesewas at most food joints.

The staple food is one of the most consumed food in the country which is considered for the common.