2024-06-23

Sugar Production to Commence in April

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Shortages of sugar and high prices of the commodity will continue to be haunting Malawians following the commitment made by two local sugar companies in Malawi: Illovo Sugar Malawi and Salima Sugar Company Limited that production of sugar will commence within April, 2024.

Sugar prices has reached at an alarming state and is one of the essential needs used and the situation has greatly affected brewing of Kachasu beer and close down Tea room businesses with the users insulting and castigating the government in power,

As the sugar situation is going worse day by day, Zambian sugar has flooded Markets across the country and it is being sold at a higher price beyond the reach of the poor making one to wonder the presence of two sugar companies in Malawi amid sugar shortages and high pricing.

In a joint press release on sugar situation dated 19th March, 2024 signed by Christina Zakeyo Secretary of Trade and Industry, Lekani Katandula Managing Director-Illovo Sugar and Wester Peter Kosamu Executive Chairman-Salima Sugar Company Limited, Government has assured Malawians that it will continue issuing import license for sugar until the situation normalizes.

The press release says government will introduce regulations under the Business Licensing Act aimed at regulating distributors of sugar in the country saying this is to protect consumers against unscrupulous distributors.

In the press release, Government and sugar producing companies have assured the business community and the general public that they will continue monitoring the situation on availability of sugar on the market.

“The Government through the Ministry of Trade and Industry on 19th March, 2024 met local sugar producing companies and sugar distributors to discuss the sugar situation in the country,” reads the release in part.

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