04.23.10
Prices of basic foods reviewed by STC
On April 19, 2010, the Seychelles Trading Company has reviewed its prices of basic foods. The company cut them on 2 items and pegged them on most others despite global increases.
The STC has cut the prices of Pakistani basmati rice and lentils and raised the prices of milk powder in tins and apples. The prices of the rest of the basic products have been kept the same. These prices are guaranteed by the STC for the next 3 months.
The company’s spokesman said that “Despite the volatile world market and changes in its cost factors, STC‘s mission remains unchanged and supports efforts to anchor household expenses on basic foods”.