KSL as­sures Tan­za­ni­ans of suf­fi­cient sugar

The African - - MARKETS -

Tan­za­ni­ans have been as­sured of suf­fi­cient sugar as Kagera Sugar Lim­ited (KSL) re­sumed pro­duc­tion last week while the Kilombero Sugar Com­pany Lim­ited is ex­pected to com­mence oper­a­tion to­day.

Kagera Sugar pro­duces 250 tonnes of the sweet­ener per day while Kilombero, in full swing, will be pro­duc­ing 600 tonnes daily, the Min­is­ter for Trade, In­dus­try and In­vest­ment, Charles Mwi­jage, has con­firmed.

Mwi­jage made the as­sur­ance in the House on Mon­day evening when de­bat­ing the bud­get es­ti­mates for the Min­istry of Lands, Hous­ing and Hu­man Set­tle­ments De­vel­op­ment.

Daily de­mand for sugar stands at 1,200 tonnes, ac­cord­ing to Mwi­jage. He said that over 10,000 tonnes of com­mod­ity con­sign­ment, which ar­rived early this month, is cur­rently be­ing dis­trib­uted to var­i­ous parts of the coun­try.

Mwi­jage di­rected sugar deal­ers to re­port to the re­gional and district com­mis­sion­ers on the distri­bu­tion’s progress in a move aimed at find­ing out if the traders were sell­ing the sweet­ener to the re­tail out­lets as per gov­ern­ment’s di­rec­tives.

He was re­spond­ing to Ab­dal­lah Mtolea (Te­meke-CUF), who claimed that the price of sugar in many parts of the coun­try has sur­passed the ceil­ing, urg­ing the gov­ern­ment to is­sue a state­ment on sugar avail­abil­ity in the coun­try.

Mwi­jage noted that the gov­ern­ment was tak­ing a num­ber of ini­tia­tives, in­clud­ing fa­cil­i­tat­ing do­mes­tic com­pa­nies to in­crease pro­duc­tion to en­sure that the coun­try has suf­fi­cient sugar sup­ply.

He in­formed the House that KSL was eye­ing in­creased pro­duc­tion in the near fu­ture - from the cur­rent 60,000 tonnes to 120,000 tonnes per an­num. The cur­rent an­nual de­mand of the com­mod­ity is 420,000 tonnes while lo­cal fac­to­ries are able to pro­duce only 320,000 tonnes.

The min­is­ter also re­vealed that an in­vestor from Oman is also set to en­ter into a con­tract with KSL, in which about 300,000 tonnes of sugar are ex­pected to be pro­duced from the joint ven­ture.

Ac­cord­ing to Mwi­jage, a for­eign in­vestor has also landed in the new­ly­formed Songwe Re­gion and is set to start a sug­ar­cane plan­ta­tion.

Con­sign­ment of Kagera sugar that ar­rived in Mwanza.

Newspapers in English

Newspapers from Tanzania

© PressReader. All rights reserved.