Uganda: A Kilogramme of Sugar Hits Shs5,000

13.12.2016

The price of a kilogramme of sugar has hit Shs5,000, making it hard for the ordinary people to consume it at the time when the economy is suffering low activity.

The kilogramme of sugar has jumped by Shs1,500 from Shs3,500 that has sparked fear that prices of other products such as bread, whose ingredients include sugar, will also be increased. Several sugar consumers have already expressed their rage on different media platforms asking government to intervene to arrest the run-away sugar prices.

Sugar prices last reached the Shs5,000 mark and beyond in 2011 and opposition leaders led by Dr Kizza Besigye used it as a benchmark to start the Walk-to-Work protests that affected the business life of the country.

Industrial experts attribute the rise in prices to festive season shopping speculation and sugar mills producing below capacity.

Mr Jim Kabeho, the chairman Uganda Sugar Manufacturers Association (USMA), in an interview with Daily Monitor yesterday, said: "The country is experiencing a shortage of sugar which is the reason why prices have been going up."


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