Ugandans may have to dig deeper into their pockets to buy sugar following a surge in its market prices influenced by Kenya allowing regional importing.
A 50-kilogramme bag of sugar is currently going for Shs200,000, up from Shs120,000 in August, while last December, the same amount of sugar went for Shs250,000.
Experts and players in the sector attribute the increase in sugar prices to Kenya’s decision to lift the ban on its importation from Uganda.
Uganda Sugar Manufacturers’ Association chairperson Jim Mwine Kabeho told Monitor that the sugar prices could skyrocket due to an increase in demand.
“Previously, we have not been exporting sugar to Kenya following the suspension, but it has now been lifted,” Kabeho said on October 6.
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