Price of sugar spikes to Ksh 260 from Ksh 200 per 2kg pack
Even as the sweetness of sugar is soured by the presence of contaminated contraband sugar in the country, the public now stands to further suffer from the disorganised supply chain of the commodity. The price of sugar has risen to a one-year high driven by an acute shortage in the market that retailers attribute to the crackdown on contrabands. A two-kilogramme packet of sugar is now retailing at between 260 and 275 Shillings in the leading supermarkets, up from 200 Shillings last month. The Acting Director General of the Agriculture Food Authority, Joseph Ng'etich, says that there are enough stocks in the country and terms the current shortage that has driven up the costs as artificial. This could mean that cartels in the industry are taking advantage of the fight against contrabands to make a killing from the public.
Wed Jul 04 21:56:26 EAT 2018