Zimbabwe has enough sugar to last 3 years

Zimbabwe has enough sugar to last 3 years
Published: 16 October 2018 (748 Views)
ZIMBABWE has enough stocks of sugar that can last for the next three years and consumers have no reason to panic or be forced to buy expensive produce from anyone, the Zimbabwe Sugar Sales Board (ZSSB) has said.

The assurance by producers comes at a time when some traders have been accused of hoarding basic commodities for speculative and profiteering ends, thereby driving consumers into panic buying.

Although the situation is slowly returning to normal following policy assurances by Government, ZSSB director Mr Admore Hwarare said some dealers were ripping off consumers by selling sugar for up to $6 per 2kg when they source it for less than a $1 for the same quantity.

He calmed down the market and advised consumers to resist such unjustified price increases.

Mr Hwarare, who is also chairman of Zimbabwe Commercial Sugar Association, said there was no justification for panic buying or increasing the price of sugar.

"We are small-holder farmers who produce sugar in Chiredzi and I can safely say we have enough sugar in stock that can last us for the next three years.
The water in our dams that we use to irrigate our sugarcane has a capacity to last for three years," said Mr Hwarare.

"Zimbabwe Sugar Sales Board, which operates under Tongaat Hullets Zimbabwe, is selling our sugar at 80 cents per 2kg. The product is delivered to the retailer's door step and we expect a 2kg packet of sugar to be sold at $1,50 and not the $6 that some retailers are charging. That is daylight robbery."

He said the ZSSB was working on modalities to bring sugar next to all potential customers and appealed to Chivi RDC to help in the provision of warehousing space.

"We are working on having a stockist in every district and we are going to do the same in all the seven districts in Masvingo. Anyone who finds expensive sugar sold above the recommended price should call our sales manager at ZSSB so that it can be delivered at his or her door step.

"Unscrupulous retailers should not be allowed to deprive people and Government must re-introduce price controls where those who hike prices unnecessarily would have their licences revoked," Mr Hwarare said.

- chronicle

Tags: Sugar, Zimbabwe, Enough,
 0

You May Like These Videos

Comments

There are no comments.

Latest stories

Rebecca Malope retires

by Mandla Ndlovu | 20 August 2019 | 47 Views

The Crocodile in Crisis

by The Times | 20 August 2019 | 59 Views

'Zimbabwe to issue cash notes soon'

by Bloomberg | 20 August 2019 | 117 Views

Zimbabwe youths rally behind Chief Ndiweni

by Mandla Ndlovu | 20 August 2019 | 83 Views

Zimbabwean woman forced to give birth standing up in South Africa

by Staff reporter | 20 August 2019 | 101 Views

Open letter to Jacob Mudenda: What was your role during Gukurahundi?

by Nicholas Ncube | 20 August 2019 | 70 Views

Moral authority is a pre-requisite for Good Governance

by Big Monday with Tinashe Eric Muzamhindo writes: | 20 August 2019 | 49 Views

Zimdiaspora in final push

by Thabo Makuyana | 20 August 2019 | 60 Views

WATCH: Soldiers in Gweru march on behalf of Chamisa's MDC

by Staff reporter | 20 August 2019 | 112 Views

August 16 exposes the MDC's insincerity

by Nobleman Runyanga | 20 August 2019 | 59 Views

Mnangagwa 'love rival' dies

by Staff Reporter | 20 August 2019 | 85 Views

State effects a de facto ban on civilian politics

by Luke Tamborinyoka | 20 August 2019 | 57 Views

Chitembwe signs Harare City deal

by Staff reporter | 20 August 2019 | 56 Views

Zanu-PF congratulates Mnangagwa

by Staff reporter | 20 August 2019 | 57 Views

Govt hires 19 doctors

by Staff reporter | 20 August 2019 | 58 Views

Duo in trouble for assaulting ex-mayor

by Staff reporter | 20 August 2019 | 50 Views

Kambarami and Chigora found not guilty

by Staff reporter | 20 August 2019 | 54 Views

BREAKING: Bomb scare in Bulawayo

by Staff reporter | 20 August 2019 | 53 Views

Match fixing scandal rocks Zifa Southern Region

by Staff reporter | 20 August 2019 | 46 Views

Chunga not qualified to coach TelOne side

by Staff reporter | 20 August 2019 | 56 Views

Zanu-PF hails Sadc

by Staff reporter | 20 August 2019 | 50 Views

Teen gangster pleads guilty

by Staff reporter | 20 August 2019 | 45 Views

No pay, no invigilation: Zimsec told

by Staff reporter | 20 August 2019 | 45 Views

Chamisa raises ante against Mnangagwa

by Staff reporter | 20 August 2019 | 47 Views

Police ban MDC Gweru demonstrations

by Mandla Ndlovu | 20 August 2019 | 36 Views

Zanu-PF vows resistance against MDC 'regime change' plot

by newzimbabwe | 20 August 2019 | 33 Views

MDC's campaign for Chief Ndiweni release worrisome

by Editorial - Newsday | 20 August 2019 | 41 Views

Rural teachers chicken out

by Staff reporter | 20 August 2019 | 26 Views

Protests a form of feedback

by Zanda Shumba | 20 August 2019 | 25 Views

Zanu-PF member attacked in intra-party violence

by Staff reporter | 20 August 2019 | 27 Views

Police ban anti-government protests in Gweru

by ZimLive | 20 August 2019 | 28 Views

Zanu-PF's economic policy record 'poor': US think tank

by Staff reporter | 20 August 2019 | 25 Views

Austerity measures: Is Zimbabwe drinking poisoned chalice?

by Cliff Chiduku | 20 August 2019 | 50 Views

Claim freedom granted by Constitution in peace

by Fr Oskar Wermter SJ | 20 August 2019 | 40 Views

Zanu-PF Manicaland accuses MDC of cheap politicking

by Staff reporter | 20 August 2019 | 26 Views

Mnangagwa 'victim' dies

by Staff reporter | 20 August 2019 | 24 Views