Bloomberg News

Tanzania Sugar Costs Increase On Shortage, Daily News Reports

August 30, 2011

Aug. 30 (Bloomberg) -- The cost of sugar in Tanzania has increased as factories suspend production of the sweetener, Daily News reported, citing Castor Raphael, Chairman Tanzania Sugar Board.

A kilogram of sugar now costs between 2,200 Tanzanian shillings and 2,500 shillings, comapred with an average of 600 shillings two weeks ago, the Dar es Salaam-based newspaper reported. Sugar consumption in East Africa’s second biggest economy is 400,000 tons annually, the newspaper said. The government has issued permits to import the shortage, it said.

To contact the reporter on this story: David Malingha Doya in Johannesburg at dmalingha@bloomberg.net

To contact the editor responsible for this story: Tim Smith at tsmith58@bloomberg.net


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