By GERALD ANDAEMore by this AuthorConsumer prices of sugar have fallen further following competition between local and imported products. “The prices have dropped in the factory because of competition between the imported sugar and the one produced locally. “This has in turn had an impact in the cost of consumer prices,” said an official at the directorate. A tonne of imported sugar is on average retailing at Sh3,000 per tonne while the local one is selling at Sh3,600. This has made it difficult for millers to compete with the cheap imported commodity, leaving them with huge stocks that threaten to paralyse their activities.
Source: Daily Nation April 15, 2018 18:22 UTC