Egypt put hands on sugar stocks amid bitter shortages


(MENAFN) Major food companies have halted production in Egypt after the government seized weeks of sugar supplies, amid nationwide shortages of the staple.

In detail, the companies include Pepsi and Edita, which is one of the country's largest food manufactures and produces the popular US snack Twinkies.

By Sunday, an Edita factory in the northern town of Beni Suef had been out of action for four days, the chairman said, blaming a raid in which government officials seized sugar supplies meant to last for the next three weeks.

Egypt said it had seized a total of 2,000 tonnes of sugar from Edita.

"Our sugar has been purchased legally through a certified long-term supplier," Hani Berzi told a popular talk show. "I want to know what we did wrong."


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