Africa in BusinessAfrica in Business

Shortages of sugar in Malawi push up the prices

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The increasing short supply of Sugar on the market in Malawi has forced consumers to be subjected to what economists say are exploitative prices. The price of a 1kg packet of sugar has, at the moment, surged to 3-point-5 US dollars, double the recommended government price. Surveys show that sugar vendors are selling the commodity at exorbitant prices due to a serious shortage and an alleged hoarding by some distributors. George Mhango reports from Blantyre..

 
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