Business
Yellow banana scarcity hits city
Publish Date: Jul 12, 2014
Yellow banana scarcity hits city
  • mail
  • img
newvision

By Drorence Batenga

The yellow banana is one of the many fruits whose price has increased in the recent past.


Four weeks ago, a piece cost sh300, while a cluster cost between sh2,500 and sh3,000. However, a cluster now costs between sh5,000 and sh6,000.

Traders in different markets attributed the escalating sweet banana prices to a number of factors.

Fred Kajubi, a trader at Kibuye Market, says there is scarcity on the local market occasioned by the regional demand, where they fetch high prices.

Some of the regional markets the bananas are being exported to are Kenya and South Sudan.

Other reasons, Kajubi said are drought in some of the producing areas and poor farming methods.

He said the month of Ramathan is also affecting availability of the bananas on the market and pushing the prices higher because Muslims consume it a lot.

Mama Isma, who operates at Nakasero Market, agrees saying, the Muslims use the sweet bananas to break the fast.

“So, the demand for the banans is high among Muslims,” she says.

Mama Isma also pointed out that since the sweet bananas are not a “harvest and eat” fruit, there is need to exercise patience as the farmer or trader waits for it to ripen before selling it.

“Most of the stock that I have is still raw. It may take about a week before it ripens,” she adds.

Mandela Niwagaba, another trader operating at St. Balikuddembe Market, says the bananas have also been hit by the bacteria wilt in some producing areas like Mbarara and Mbale.

Reduced supply from farmers coupled with high transport costs from up-country to markets in Kampala also discourages traders from investing in the delicacy, according to Niwagaba.

The statements, comments, or opinions expressed through the use of New Vision Online are those of their respective authors, who are solely responsible for them, and do not necessarily represent the views held by the staff and management of New Vision Online.

New Vision Online reserves the right to moderate, publish or delete a post without warning or consultation with the author.Find out why we moderate comments. For any questions please contact digital@newvision.co.ug

  • mail
  • img
blog comments powered by Disqus
Also In This Section
EAC cyber security meeting to explore state of risk
Uganda will host a premier cyber security meeting aimed at further exploring the regions state of readiness, risk, security and governance in an expanding cyber security landscape....
Uganda to host global tourism expo, excellence awards
Uganda is to host a global tourism show piece to showcase its abundant natural blessings to the world....
The lethal deferral of Greek debt restructuring
The point of restructuring debt is to reduce the volume of new loans needed to salvage an insolvent entity....
Africa’s economy remains robust – UN report
Economic activity in sub-Saharan Africa remained robust in 2014, achieving a 0.2% growth, says a UN Economic Commission for Africa....
Nigerian billionaire to Ugandan youth:
Nigerian billionaire Tony Elumela was amazed by some 45 youthful Ugandan aspiring entrepreneurs in Kampala, including ambitious farmers...
China manufacturing index
Chinese manufacturing activity slowed further in July, official data showed Saturday....
Should faith based organisations be registered as Non-government organisations?
Yes
No
Can't Say
follow us
subscribe to our news letter