Information minister, Mary Karoro Okurut has revealed that the president, Yoweri Kaguta Museveni has called a cabinet meeting that will deliberate on the sky rocketing prices of sugar among other consumables.
The meeting slated for Thursday this week is to find ways on how the government can work out plans to effect reduction in sugar prices as well as discuss the state of the country’s economy.
Okurut also confirms that currently the country is facing a sugar shortage and wants to start importing sugar from EAC member states.
She says Uganda has written to the EAC secretary general asking for a tax waver on sugar coming to Uganda from her neighbors and outside EAC.
She also adds that the government has set up a team to investigate those holding sugar waiting to hike prices during times of maximum scarcity.
Karoro also confirms that the scarcity is resulting from stopped production at Kinyara who are doing maintenance work and Lugazi whose production has been slashed due to power shortage.
Ultimate Media