Sugar prices to come down as duty-free sugar arrives at Mombasa port

Prices of sugar are likely to come down as the ships carrying the first consignment of duty-free sugar are arriving at the port of Mombasa, reports Business Daily Africa.

The first vessel carrying 21,000-tonne sugar from Thailand will be arriving on Tuesday. The second vessel will dock on Wednesday though the details about sugar being carried have not been revealed.

These are the first consignments after the government granted permission to import sugar duty-free last year.

To curb the shortage of the sweetener, the government decided to import 100,000 tonnes of sugar from outside Common Market for Eastern and Southern Africa (Comesa).

The cost of sugar due to shortage rose to Sh 312 for a 2 kg packet.

The Kenya National Trading Corporation (KNTC) has been granted permission by the government to import 200,000 tonnes of sugar duty-free.

Thus Kenya will be importing 3,00,000 tonnes of sugar from outside Comesa.


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