Meat prices have gone down by 2.15 per cent in most parts of Dar es Salaam, as traders attribute the trend to financial constraints among city dwellers.“Demand for meat usually falls substantially in the first quarter of each year due to low purchasing power of the people,” said Mr Justus Marwa, a meat trader at Gongo la Mboto area in the city.
After meeting various expenses including school fees at the beginning of the year, the going gets tough to many city residents.
He said the business has continued to decline to the extent of selling an average of 45 to 50 kgs a day, down from between 80 and 100 kgs during the last quarter of 2014.
The prices for meat in some butchers dropped to 6,000/-, down from 7,500/- in December. “Despite the falling wholesale price for meat, the situation in the retail market has continued to be tense,” noted Mr Juma Nassor, butcher owner in Mabibo, adding that, “We are struggling to stay in business, but it’s actually not paying.
” The Ministry of Industry and Trade statistics report showed cattle supply at Pugu Auction increased to 2,815, which is equivalent to 4.3 per cent change compared to 2,700 of the previous week.
The price for mature cattle G2 declined to 617,000/- which is 0.6 per cent fall compared to 621,000/- of the previous session. Also the price for female cattle G3 declined to 400,000/-, equivalent to 1.9 per cent change compared to 408,000/- of the week before.
The price for male cattle G3 fell to 446,000/- compared to 473,500/- of the preceding session, which is equivalent to 5.8 per cent change.
Source: Daily News, reported from Dar es Salaam, Tanzania
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