|Sugar, beef prices up|
|Monday, 23 April 2012 19:25|
The price of most basic commodities has largely remained stable, though concern has, however, been raised over the hikes of sugar and beef prices, which have recorded significant increases, whilst white sugar is in short supply.
Sugar has risen by a further 12%, recording a 19% increase within a fortnight.
Consumers who spoke to ZBC News expressed dismay at the price hikes which have also seen beef now costing between $4,00 and $6,20 for the commercial grade, with other grades costing up to $8,00.
Retail sector analyst, Mr. Danford Mutashu says the hikes are speculative as suppliers attribute the increase to sugarcane shortages from hippo valley and a dwindling herd for beef.
Mealie-meal remained unchanged at between $4.65 to $5.05 per 10 kilogramme bag of roller meal, while refined meal is being sold at between $5.05 and $6.95.