(3 Minutes Read)
The Tanzania Sugar Board (TSB) announced on January 23, 2024, that a kilogram of sugar should cost between Sh2,800 and Sh3,200 in retail shops.
Tanzania has been facing a sugar shortage, leading to the price hike. The government says that the country did not achieve its sugar production target last year due to adverse weather conditions, leading to shortages. Currently, a kilogram of sugar fetches between Sh4,000 and Sh5,000 across the country. It has risen from a price of between Sh2,700 and Sh3,000 just two months ago.
The Tanzania Sugar Board (TSB) announced on January 23, 2024, that a kilogram of sugar should cost between Sh2,800 and Sh3,200 in retail shops. The TSB said retailers in the Southern Highland Zone regions of Iringa, Mbeya, Songwe, and Njombe, are compelled to sell the sugar at a price that ranges between Sh2,700 and Sh3,000. The notice compels retailers in Dar es Salaam, Morogoro, and Coastal regions to sell a kilogram of sugar at a wholesale price of between Sh2,600 and Sh2,800 so that consumers can access the product at a retail price of between Sh2,700 and Sh3,000.
In the central zone of the country (Dodoma, Singida, and Tabora regions) the indicative price is Sh2,650 to Sh2800 for wholesale and Sh2,800 to Sh3,000 for retail. Retailers in the Lake Zone (Mwanza, Geita, Shinyanga, Simiyu, and Mara) are obligated to sell a kilogram of sugar at anything that does not exceed Sh3,000 while in Tanga, Kilimanjaro, Arusha, and Manyara regions, the sweetener should be sold for a wholesale price of between Sh2,600 and 2,800. It should however retail at a price of between Sh2,700 and Sh3,000.
Read Also:
https://trendsnafrica.com/tanzania-draws-up-plans-to-increase-investments-by-2025/
Tanzania has been facing a shortage of sugar, leading to a hike in prices, with the government saying the country did not achieve its sugar production target last year due to adverse weather conditions. In response to the situation, the government has recently issued sugar import permits, with the first consignment expected to arrive early next week to alleviate the price surge.
