From PETI SIYAME in Sumbawanga, 11th January 2011 @ 12:00, Total Comments: 0, Hits: 199
PRICES of cement in Sumbawanga and other parts of Rukwa Region have gone up tremendously due to acute shortage of the product for more than a month.
A survey by the 'Daily News' in Sumbawanga reveals that a 50-kg bag of cement was currently selling at 18,000/- each, up from 15,000/- a few weeks ago.
''I am surprised with the scarcity of cement. Prices keep on rising and once a consignment arrives a bag sells at 18,000/- in retail outlets," said Mr John Mwanambata, a resident of Kizwite area in the municipality.
Most traders told the 'Daily News' that they were buying cement in Mbeya and Iringa. "We have to take in account transport costs in order to sell cement at profit," a trader said.
But to some traders, they regard the shortage as a blessing in disguise.
"Some people run to our shops and buy in large quantities fearing that prices might go up further during the rain season. I will not be surprised when the price will reach 20,000/- a bag," said a trader who identified herself as Mama John.
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