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
ERA licenses 9 renewable energy projects
An additional 9 renewable electricity plants, some under the Global Energy Transfer for Feed-in-Tarrifs (GET-FiT) programme, have been licensed to generate 132.7MW to boost Uganda’s transformation into an upper middle class country....
Pump attendants tipped on safety standards in case of fire
Vivo Energy, the company that distributes and markets Shell branded fuels and lubricants has conducted a fire drill to test the response preparedness by staff at Shell Service Stations in case of a fire outbreak. The drill was conducted at Shell Kira Road located at the Bukoto white flats....
UAE Exchange customer wins Xpress Money ‘Win Big’ second weekly draw
Xpress Money recently announced the second weekly draw winner of its ongoing promotion – Win Big. Ms. Ann Minviluz Banquerigo, a customer of UAE Exchange, Lugogo Mall branch, won herself a prize money of UGX 250,000 by simply sending money using Xpress Money services....
Total CEO de Margerie killed in Moscow as jet hits snow plough
MOSCOW - The chief executive of French oil major Total, Christophe de Margerie, was killed when his private jet collided with a snow plough as it was taking off from Moscow's Vnukovo airport on Monday night....
Govt to identify key opportunities for growth
THE Government and World Bank are preparing a joint ‘Country Economic Memorandum’ report, which will identify key opportunities and challenges to accelerating socio-economic transformation...
Business guide in conflict resolution developed
A business guide for the business community to resolve conflicts without resorting to courts of law has been developed....
Was Oscar Pistorius' 5 year sentence fair and just?
Yes
No
Can't Say
follow us
subscribe to our news letter