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Uganda & Tanzania agree surplus sugar deal

February 23, 2018 12:22 pm

President Yoweri Museveni and his visiting Tanzanian counterpart, President John Joseph Pombe Magufuli have discussed areas of cooperation between their two countries at a meeting held at State House, Entebbe.

Uganda’s Minister of Foreign Affairs, Mr. Sam Kuteesa, his Tanzanian counterpart, Mr. Augustine Mahiga and Uganda’s Minister of Public Service, Mr. Muruli Mukasa, attended the meeting.

President Magufuli is in Uganda to attend the 19th Ordinary East African Community (EAC) Heads of State Summit that is taking place in Kampala later this week.

President Museveni warmly welcomed President Magufuli to Uganda and called upon his guest to encourage Tanzania business entrepreneurs to buy sugar from Uganda. He said that there is surplus production of sugar in the country. President Magufuli welcomed the suggestion from his host saying that would help address the sugar deficit in Tanzania.

“Sugar production in Tanzania is low. We always have a deficit in the months of January, February and March. Buying sugar from Uganda defines the business of EAC,” said President Magufuli.

According to statistics, Uganda’s consumption of raw sugar in 2016 stood at 350,000 tones. The government of Uganda is keen to attract investment in the sugar sector to meet the growing demand that is forecast to hit 700,000 tonnes by 2030.

On the other hand, Tanzania’s annual domestic sugar consumption is about 420,000 tonnes while local production is 320,000 tonnes. This leaves a deficit of about 100,000 tonnes a year to be cushioned by imports from Brazil, Thailand and other Southeast Asian countries.

Author: Staff Writer

 

Uganda & Tanzania agree surplus sugar deal Reviewed by on . President Yoweri Museveni and his visiting Tanzanian counterpart, President John Joseph Pombe Magufuli have discussed areas of cooperation between their two cou President Yoweri Museveni and his visiting Tanzanian counterpart, President John Joseph Pombe Magufuli have discussed areas of cooperation between their two cou Rating: 0
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