Illovo Sugar (Malawi) plc has announced a price adjustment on selected sugar pack sizes, set to take effect from March 12, 2025. The company attributes this increase to inflation across the supply chain, citing rising costs of essential raw materials, electricity, and other services required for sugar production.
In a public notice, Illovo stated that the adjustment was necessary to sustain operations amid increasing production costs. The new prices will affect various sugar pack sizes, including brown and refined sugar, with notable increases across all categories.
