Register › Unga Group › Unga Limited › Head Office › Finance
ELN-005Active · approved 18 Feb 2026FinancialGroup top risk

Grain price spikes erode gross margin

20
Inherent
Critical
I4 × L5
12
Residual (current)
High
I4 × L3
8
Target (appetite)
Medium
I4 × L2 · by 30 Jun 2027
Residual score by quarter
Q3
Q4

Sharp increases in wheat and maize prices cannot be passed on quickly to customers.

Root causes

  • Global wheat price volatility
  • Shilling depreciation

Consequences

  • Gross margin below budget
  • Pressure to raise consumer prices
Owning unit
Unga Limited › Head Office › Finance
Also affects
None
Linked group risk
None