Commodities

Fish dealers threaten strike over falling prices

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By Johnson Mayamba

Posted  Saturday, November 10  2012 at  02:00

In Summary

Fish prices have fallen due to less demand from the European Union.

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Mukono

Players in the fishing industry operating in the areas of Lake Victoria have threatened to down their tools due to what they called an abnormal fall in the price of fish on the open market.

Dealers say prices of the commodity have fallen by over 70 per cent.
The dealers under their umbrella organisation - Uganda Fish Processors and Exporters Association (UFPEA), said they had been left with no option but down their tools. They said in a meeting in Mukono that the government had failed to find lasting solution to the problem.

The meeting, which included fishermen, UPEA, the minister of Trade, Ms Amelia Kyambadde, state minister for Fisheries, Mr Ruth Nakabirwa and MPs from the Natural Resources Committee, however failed to come up with any way forward.

Information shows a kilogramme of fish has fallen from Shs10,000 to Shs3,000 in less than two months.

Mr Willaim Tebyasa a fish dealer, said prices of the commodity had been affected by the Eurozone crisis, however, he added the government ought to create channels through which local demand can be uplifted.

Ms Kyambadde told fish dealers that the government could not determine the prices of fish. Instead she advised fish them to form cooperatives in order to have a collective voice in marketing their fish products.

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