Malawi sugar price up 8%: More woes for consumers

Not so sweet news for consumers  who will have to dig deeper into their pockets to buy sugar following an eight  percent price hike by Illovo Sugar (Malawi) Limited.

Sugar prices up by 8 percent

Sugar prices up by 8 percent

The sugar manufacturer’s public relations officer Ireen Phalula the sugar price adjustment is  in response to “fundamental economic conditions in the country”  affecting production such the continued rise in inflation, electricity price increases approximately 40 percent.

The Malawi Stock Exchange (MSE)-listed company has also said Kwacha currency has devalued against the US Dollar by 26 percent.

The commodity is currently unaffordable to many and the increase will make life even harder for Malawians.

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Anjunga
Guest
Anjunga
3 months 25 days ago

Zawadi be specific on serious issues like this enafe timakonda kumwa tea nde tikufuna tiziwe mtengowo kaa

ZILIKO
Guest
ZILIKO
3 months 27 days ago

Yet we are proudly saying, as a country we are moving in the right direction… My FOOOT…… Soon we will be buying it at K1000.

Boko
Guest
Boko
3 months 27 days ago

Are these “economic fundametals and nflation” only affecting prices of goods and services, and not peoples’ salaries? How shall we buy? Where shall we get the money from? Why can’t we also have our salaries increased to account for the “economic fundamentals and inflation”? I’m really angry with this DPP govt. It’s not caring for the people at all.

Mrs Banda
Guest
Mrs Banda
3 months 28 days ago

So Nyasatimes reporter wants someone from A typical village to calculate how much the sugar is worth now?…. You would have sampled a price from lets say PTC and calculate and let readers know than what you have written here…. Kwa people who are not in Malawi how will they know how to calculate the adjustment if you didn’t provide how much it is worth now!!!

Nabetha
Guest
Nabetha
3 months 25 days ago

Thanks Mrs Banda for taking note of that. I read this article twice thinking that I missed a line which has both previous and current prices but to my disappointment there is no mention of the old and the new prices. Please Zawadi don’t be lazy, after all it is not that difficult to get these prices.

Kanonono
Guest
Kanonono
3 months 26 days ago

That is the best that an untrained scribe can do

Kachamba
Guest
Kachamba
3 months 27 days ago

I expected that too. How can they write something without detailed information

Sol Invictus
Guest
Sol Invictus
3 months 27 days ago

Mrs Banda – you have hit the nail on the head!

Cheumali
Guest
Cheumali
3 months 27 days ago

ma reporters a nyasatimes penapake samalemba zolongosoka.

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