Cartel Nation: Simama and Illovo Fingered in Sugar Monopoly Scandal Rocking Malawi
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Malawi’s worsening sugar shortage has erupted into a full-scale scandal, with the price of the commodity soaring to over K6,000 in some areas—more than double the official K2,700 price. At the center of this crisis is an alleged cartel involving Simama GeCartel Nation: Simama and Illovo Fingered in Sugar Monopoly Scandal Rocking Malawi
Malawi’s worsening sugar shortage has erupted into a full-scale scandal, with the price of the commodity soaring to over K6,000 in some areas—more than double the official K2,700 price. At the center of this crisis is an alleged cartel involving Simama General Dealers and Illovo Sugar Malawi, accused of hoarding sugar, aiding smuggling, inflating prices, […] The post Cartel Nation: Simama and Illovo Fingered in Sugar Monopoly Scandal Rocking Malawi appeared first on Malawi Nyasa Times - News from Malawi about Malawi. Read more