Cost Of Living: Sugar Now Hits a Record High of Ksh 380 for 2 Kilograms

By Juma / May 3, 2017



Supply

Kenyans continue to feel the heat as the cost of living continue to bite deep into their already empty pockets leaving them frustrated and hopeless with nowhere to run for help.

The increase in food prices has now become out of reach for most Kenyan households with this being blamed on the historical high inflations of 11.48 for the month of April despite numerous assurances by the government that things will soon go back to normalcy.

Of concern in the past few days is the unrealistic sugar prices that have seen most homesteads unable to afford the much-needed commodity. A kilogram of sugar is now retailing at between 175 and 190 shillings up from an average of between 120 and 140 shillings a month before.

A quick check across various shops and supermarkets within Nairobi revealed that 2-kg packet of Kabras sugar is now going for 350 shillings up from 315 shillings while that of Sony Sugar going up to 380 shillings.

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In most larger retailers like Nakumatt, customers are limited to buying only one packet of sugar signifying the deep problem facing the sugar industry.

Both the Ministry of Agriculture and that of Industry have not come out clearly to confirm whether there is a shortage of sugar in the country.

Being an electioneering year, some economic analysts are of the opinion that cartels within the sector might be holding onto the commodity so as to reap big from the poor and desperate Kenyans.

 



About Juma

Juma Fredrick is an enthusiastic journalist who believes that journalism has power to change the world either negatively or positively depending on how one uses it.(020) 528 0222 or Email: [email protected]

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