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Sugary drinks prices set to increase by 15%

Kinyara Sugar’s failure to produce 75,000 tonnes of industrial sugar has left many of its clients complaining about late deliveries, rationing and quality challenges, Monitor can reveal.

The miller’s failure to quickly ramp up capacity to satisfy local demand has left managers of entities like Hariss International Limited, Coca-Cola Beverages Uganda (CCBU), Crown Beverages Limited (CBL) and Jesa Farm Dairy up in arms.

A fortnight ago, the dissatisfaction was palpable during a closed-door meeting Finance minister Matia Kasaija had with the Uganda Manufacturers’ Association (UMA).

Mr Kasaija was rapped for creating a shortage of industrial sugar by slapping a high duty on it to protect the domestic market for Kinyara Sugar.

The losses that companies are having to incur were painstakingly described at the meeting that Monitor gained access to.

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