Sugar prices rise as traders hoard stock

Consumers are set to dig deeper into their pockets as government’s intervention to reduce sugar prices are being undermined by traders who stockpile the product, causing a shortage in market and further leading to high prices.
Workers at Kabuye sugar load a truck with sacks of sugar. The New TImes./J.Mbanda
Workers at Kabuye sugar load a truck with sacks of sugar. The New TImes./J.Mbanda
Times Reporter