TANZANIA
IS EMBARKING On An Initiative That Is Geared At Boosting Sugar Production By
53.5 Percent Over The Next Two Years In A Move That Will Alleviate The
Persistent Shortages Of Sugar That The Country Has Been Facing.
This
Was Announced By Prime Minister Kassim Majaliwa During His Presentation Of
Budget Estimates For The Financial Year 2024/25 In Parliament On Wednesday, April
3, 2024.
“The
Government's Plan Is To Elevate Production Levels From An Average Of 460,048
Tons Recorded In 2022/2023 To 706,000 Tons By The Conclusion Of The 2025/2026
Fiscal Year,” Mr Majaliwa Told The Parliament On Wednesday.
The
Aim Is To Address The Recurring Challenges Of Sugar Scarcity That Have Plagued
The Nation.
Tanzania
Has Been Grappling With Frequent Shortages Of Sugar, With Recent Incidents
Resulting In Steep Price Increases.
Earlier
This Year, Prices Surged From An Average Of Sh2,300 In November 2023 To A
Staggering Range Of Sh4,000 To Sh6,000 Per Kilogram In January And February 2024.
Responding
To Public Concerns, The Sugar Board Of Tanzania Implemented Price Caps Varying
Between Sh2,700 And Sh3,200, Depending On The Selling Point Within The Country.
And
Speaking In The Parliament On Wednesday, Mr Majaliwa Said The Demand For Sugar
In Tanzania For The Fiscal Year 2023/2024 Stands At Approximately 807,000 Tons.
Out Of This Figure, 552,000 Tons Are Earmarked For Domestic Consumption, While
The Remaining 255,000 Tons Are Designated For Industrial Usage.