South African sugar industry could suffer losses of up to US$41.9M due to load shedding

SOUTH AFRICA – South Africa’s cane growers have appealed to the government to implement measures to mitigate the impact of load-shedding which if not checked will see the industry lose R723 million (US$41.9M) this year. However, the estimate’s scenario modeling applies to load-shedding at stages 4-6 which if escalated to stages 6-8, the industry could lose more than R1.8bn (US$104.3M)…

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Tanzania nears sugar self-sufficiency with annual production exceeding 380,000 tonnes

TANZANIA – Sugar production in Tanzania is nearing self-sufficiency levels with annual production jumping by 70,000 tonnes to 380,000 tonnes, according to recent figures from the Sugar Board of Tanzania. Permanent Secretary in the Ministry of Investment, Industry and Trade, Dr Hashil Abdalah said that the impressive increase in sugar production could be directly attributed to the new factory in…

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South Africa’s  sugar sector forecasts higher sales, calls for exemption from HPL

SOUTH-AFRICA-The South African sugar sector forecasts meeting local sales of 300,000 tonnes as it marked year 3 under the all-important Sugarcane Value Chain Master plan 2030 but the Health Promotion Levy (HPL) may limit its realization. Trix Trikam, executive director at the South African Sugar Association (SASA), laments the imposed tax on sugar which according to him harms the sector…

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