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Kinyara Stuck with Over 18,000 Tons of Sugar :: Uganda Radionetwork
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Kinyara Stuck with Over 18,000 Tons of Sugar

Magoola explains that the price Kinyara is giving to farmers is not the final one but advance payment pending the completion of their negotiations with the sugar cane farmers

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Kinyara Sugar Company Limited in Masindi district is stuck with more than 18000 tons of sugar because of distortions in the sugar prices in the country.

Kirunda Magoola, the Corporate Communications Manager Kinyara Sugar Limited, says the sugar stock has been piling since November last year.

//Cue In: “There has been…..

Cue Out…Lugazi,”

He however, didn't explain the source of the sugar being dumped on the matter. URN was unable to independently verify the claims. 

Last month, Masindi District Sugar Cane Growers Association Limited-MASGAL resolved not to supply sugar cane to Kinyara sugar limited accusing it of reducing cane prices from 141,000 to 100, 000 Shillings.

Magoola explains that the price Kinyara is giving to farmers is not the final one but advance payment pending the completion of their negotiations with the sugar cane farmers

// Cue In: “I would….

Cue Out:….120,000 Shillings,”//

Sugar cane farmers in Masindi district have for long been pushing Kinyara Sugar Company to increase the cane price.

Last year, Kinyara Sugar Company increased the price of sugar cane from 78,000 to 141,000 Shillings a ton. 

However, the price has been lowered to Shillings 100,000 due to the fluctuation of the price of sugar.

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