Sugar Prices Skyrocket As Packet Costs K3, 700

Some traders in Thyolo district reported purchasing a bale of sugar for K58,000, a significant increase from K45,000 just a few days ago.

Last week, the Consumers Association of Malawi (CAMA) raised concerns about sugar distribution and pricing, pointing to a suspected syndicate of corrupt producers and distributors.

Retailers in Thyolo are now selling a kilogram of sugar for K3,500, marking a sharp rise from the K2,700 price recorded the previous week.

Thyolo residents are feeling the impact of the soaring sugar prices, which have escalated due to increased wholesale costs and alleged market manipulation.