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Malawi broke Illovo Sugar’s monopoly, boosting competition and stabilizing prices.
Former Malawi Trade Minister Vitumbiko Mumba dismantled a decades-old sugar distribution monopoly, ending exclusive control by Illovo Sugar and allowing multiple distributors to enter the market.
The reform, driven by efforts to combat price manipulation and supply shortages, improved availability and stabilized prices, especially in rural areas.
Despite resistance from powerful interests and emerging signs of cartel influence, the change is seen as a major step toward economic fairness.
Analysts call it one of Malawi’s most progressive economic reforms in recent years.
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Malawi rompió el monopolio de Illovo Sugar, estimulando la competencia y estabilizando los precios.