The Tanzanian government on Tuesday said that the recent drop in the prices of Nile perch (sangara) in the country has been caused by lack of a market in Europe.
The Minister for Livestock Development and Fisheries Dr. David Mathayo told the National Assembly that over 95 percent of the fish from Lake Victoria were being processed and sold outside the country.
His statement followed a dispute that emerged between fishermen in the Lake Victoria Zone and factory owners who reduced fish prices.
He mentioned other factors which led to the drop in the prices as instability of the Euro, economic and business slump in some countries including Spain, Portugal, Italy and Greece which are the main markets for fish from East African countries.
