By Chisomo Phiri
Illovo Sugar Malawi Plc has denied rumors circulating on social media that it has increased sugar prices in the country.
In a brief statement, the sugar manufacturing company says the communication about the sugar price increase under the name of Crispin Sibao is not from their marketing desk and is fake.
The company adds that the only official communication regarding price changes is the official statement on September 30, 2024, signed by its Managing Director.
The Illovo statement reads in part:”We would like to clarify that this message was not issued by any member of Illovo’s Commercial Team. Please disregard the statement.We regret any confusion this may have caused and appreciate your understanding.”
