Illovo Sugar Malawi has hiked sugar prices due to a general rise of cost of production that the company is experiencing.
The changes will see a 1kg packet of brown sugar now retailing at a recommended price of K1,100 and a 1kg packet of white sugar will now be sold at K1,155.
This comes days after a 25 percent devaluation of the Malawi Kwacha.
The situation that is coming when the country is experiencing the high inflation of essential goods.
Speaking to MIJ Online, Lekani Katandula, Managing Director of Illovo Sugar has confirmed the development saying the revision has been triggered by a rise the prices of inputs like fertilizer, Fuel, electricity and cost of growing sugarcane.
Katandula also added that the recent devaluation of kwacha has also contributed to the rise of sugar prices.