Business Daily | by Lynet Igadwah
The cost of timber has increased by up to 60 percent, triggered by government’s plan to buy school furniture from local carpenters.
A foot of cypress wood that retailed at Sh160 before the government announced the Sh1.9 billion stimulus package for artisans, currently goes for Sh250.
Timber merchants have also increased the price of mahogany wood from Sh380 a foot before the announcement, to Sh500 currently…
