Govt disappointed with traders for hiking sugar price

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Government has expressed disappointment with some traders who are selling sugar at exorbitant prices.

This is coming at a time when there has been a scarcity of sugar on the market which has made some traders to take advantage of the situation by selling a 1kg packet of sugar at as high as K1200.

Spokesperson in the Ministry of Trade, Industry and Tourism Wiskes Nkombezi said Illovo Sugar Limited has assured them that there will be enough sugar on the market but he decried the conduct of some traders who are selling the commodity at a high price.

“It is unfortunate that there are some traders who are selling sugar at a very exorbitant price and we are surprised why some traders are doing that,” said Nkombezi.

He added that other traders are keeping the sugar so that they should sell it later at a very expensive price.

According to Nkombezi, a way to deal with such a malpractice is to flood the market with more sugar.

He also warned that the ministry will confiscate certificates of such traders.

Consumer rights body, the Consumers Association of Malawi (CAMA) earlier expressed its disappointment over the price of sugar and called for government to allow other traders to import sugar.

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43 Comments

  1. Messa mmati ndinu ophunzira kwambiri but i reall don’t know if your so-called finance Minister leant the word “ORIGOPOLY”in business.How do u espect a country that sets all its powers into MONOPOLY to rise?? it hurts but we can’t do anything even if private investors are there begging for an opportunity#PATHETIC

  2. Zakuvvani Kuthandiza Osaukafe Nanga Zoti Timalima Mommuno Kupanga Mommuno Ndikumakhala Zodula Kwambiri Kusiyana Ndi Zakunja Example Mafuta Ophikira,sugar Pangani Manyazi Factory Mwamanga Kusalima Koma Ndalama Zimene Adati Mulimile Mwagawana Ngati Zanu Lero Amwenye Akukakamilani Kuti Sachoka Akudzipangila Okha Suger Ndikumasunga Komamso Kumawazuza Amalawi Factory Yao Yomwe

  3. Hippocratic leaders!…angry with who…?…thus wat happens wen demand underweighs supply..Revise Salaries nyoooo..tikamati zinthu zikudula ndikachenje tikulandiraka sizikuyenda inu mpamene mukupanga timaulendo nkumapochela maAllowance..will your anger decrease the price?!

  4. boma bwezeletsani lamulo pa mtengo wa zinthu monga nthawi ya kamuzu chotsani free business .mitengo ya zinthu yizikhala yofanana Malawi yonse apa zikuonjeza heavy

  5. Act viciously, don’t just be disappointed dumb leaders!!! Wen one tries kukawoda sugar ku mozambique & sell here you the government thru MBS & MRA wil be first one to harrass us !

  6. Can the govt express disappointment? So what are pple going to do? Govt has all channels to soothe this situation rather than singing the same tune with citizens. If i start bringing in cheap sugar , then the very same gvt will stop me thru MBS as the did to Frozy drinks. Malawi wanga.

    Chikanakhala kt JB ali machiwongolero bwezi tikumva zoti Monday kuli mademo. Opangisa nkhukhala John Kapito. Pano kuli ziiii. RIP Cama

  7. A policewo ndi a MRAwo asamangopita kwa kamlepo kukalanda galimoto ..send them to the wholesaller too to collect the extra vat on the xtra charges impossed on sugar coz iwoso akudziwa omwe akugulitsa moonjezera mtengo..to finance the forthcoming budget

  8. if u r disappointed will the suger b there? just do something coz sitingasiye kumwa tea pachabetu inuso mukuziwa kale tea ndi one zomamwa phala zinatha kale nthawi ya atsamunda pano timakuntha tea kuma tearoom ndiye mutithandize osaphwekesa ngini nkumangomwa zi coffee kumeneko

  9. nonses u can not control the price of sugar in my business first control the price of fertilizer have u not know that when they is high demand the price of the product alwez goes high zopusa basi muyambe mwasitsa mutengo wa fertilizer ife sugar sitimudalira bola nsima

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