Price Of Sugar Goes Up Again In Zimbabwe
In what is now turning out to be a regular occurrence, the price of sugar in Zimbabwe has gone up yet again. In what is now turning out to be a horrible week for consumers, Zimbabweans will be dismayed to learn that the price of sugar has gone up again, marking the third time that sugar has gone up in Zimbabwe in just about a month.
Sugar producer Tongaat Hulett increased the price of sugar effective 25 June 2020. According to the new price list which iHarare has, a 1 kilogram packet of Brown Sugar will now retail for a minimum of ZWL $106.40 while a 2-kilogram packet of brown sugar will retail for a minimum of ZWL $212.80.
A 1 kilogram packet of refined white sugar will now retail for ZWL $112.45 while a 2-kilogram packet of white sugar will retail for ZWL $224.90.
Using the government’s official foreign currency exchange rate, this means that a 2 kg packet is going for US$3.92 (R68).
Worryingly, however, just less than a month ago, on 26 May 2020 to be precise, a 1 kilogram packet of Brown Sugar was retailing for ZWL $63.84 while a 2-kilogram packet of brown sugar was retailing for ZWL $127.68. A 1 kilogram packet of refined white sugar was retailing for ZWL $67.21 while a 2-kilogram packet of white sugar was retailing for ZWL $134.42. Close to a 100 per cent increase in just one month.
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