BLANTYRE-(MaraviPost)-Nutricom & Beverages Limited is reportdely hoarding large volume of Sugar while some being sold to neighbouring Zambia amid the commodity’s crisis in Malawi.

According social media reports, Trade Minister Vitumbiko Mumba has connived with Illovo Sugar to provide 90 metric of Sugar to the company weekly in return billions of Malawi Kwacha is exchanging hands.

The allegation further added that the company is selling part of the consignment to Zambia where Sugar is fetching high prices as compared to Malawi.

But Nutricom & Beverages Limited Managing Director and owner Raj Munnangi described the speculation as fake and uncalled for.

Munnangi argues that his company is not a chainstore or wholesale shop which could need such volume of Sugar for production.

He however disputed claims that the company gets favours from Trade Minister Mumba for supply of Sugar.

“This speculation is fake and uncalled for. We are not linked to any government or political elite agents in our business both in Malawi and Zambia.

“Those clearing these baseless allegations are enemies of progress. We are in business for years without attached to anyone to get favours in any form,” says Raj.

Nutricom manufactures Kombucha Juice, Ginger Kombucha, Rosemary health juice, and Malambe juice drinks.

Apart from Malawi, Nutricom’s Kombucha is also being manufactured in Zambia and Tanzania.