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Sugar scarcity hits Malawi market: Cama demands explanation from Trade Ministry and Illovo

Ilova Sugar
Illovo Sugar (Malawi) Limited Hiking prices blaming Inlfation

BLANTYRE-(MaraviPost)– The country’s consumers have expressed great concerns over the scarcity of sugar, which some traders have taken advantage of by selling the commodity at an exorbitant price of MK1,200. This is contrary to its factory price of MK680 per 1 kilogram.

A spot-check in some retail shops in the capital Lilongwe, show that the commodity is scarce, but if found, it is trading in the ranges of MK900 and MK1,200 per 1kg. In the major chain retail shops including Game stores, Shoprite and Chipiku, they have maintained the average price ranging from MK700 to MK800. Continue reading Sugar scarcity hits Malawi market: Cama demands explanation from Trade Ministry and Illovo