Illovo sets uniform sugar prices

Illovo Sugar (Malawi) Limited on Tuesday announced uniform sugar prices with effect from August 1.

The sugar manaufacturer said it had equalised the prices across all distribution centres and mill warehouses to achieve national uniform pricing of sugar.

“Overall prices of sugar have in light of the development been reduced in the outlying distribution centres and increased at the mill warehouses to allow for subsidisation of transport cost in the distribution of sugar,” said Illovo in a statement.

This means consumers will pay K534 269.20 per metric tonnes and K10 685.38 per bale for 20 packets of one kilogram of brown pre-pack and K547 084 per metric tonnes and K10 942.68 per bale white pre-pack. n