By Watchdog reporter
Government has set shs5,000 as maximum sugar price to limit the escalating prices by manufacturers and traders.
Addressing a press conference on Friday, Minister of Trade, Industry and Cooperatives Amelia Kyambadde directed that sugar be sold at a fixed retail price of not more than sh5,000 per kilogram countrywide.
The last few weeks have seen the sugar price going for sh6,000 and sh7,000 per kilogram at various retails shops across the country.
Kyambadde said government has agreed with traders to reduce the retail prices of sugar that is locally milled to make it affordable for Ugandans.
“As a ministry, we have agreed with sugar millers, distributors and retailers to ensure that the retail price of sugar does not exceed sh5,000 per kilogram,” said Kyambadde, adding that “the millers shall provide the ministry with monthly stock levels and streamline the distribution of sugar to their registered agents,’ adding that the new directive will take immediate effect and its aimed at reducing the high prices of sugar.
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