RV Price Avg. price per ton: R4 209.94 D'Factor: 0.400022 August 2019

Sugar Industry News

Gledhow Sugar Mill production manager Queen Msane overseeing the start of the cane crushing season at the mill last week. General manager Andrew Francis said they expect to crush 1.4 million tons of sugar and produce about 160 000 tons of refined sugar.

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Sezela smallscale grower calls on women to step into leadership roles to drive change and development in sugarcane farming communities across rural KwaZulu-Natal.

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Shares in Africa's largest sugar producer, Tongaat Hulett, fell as much as 33% on Friday after the troubled firm announced that it may have to restate its financial results going back a number of years following a strategic review.

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The South African sugar industry is facing a crisis, and the South African Cane Growers’ Association warns that this R14 billion/ year industry is in danger of “imminent collapse, putting 350 000 jobs at risk”.

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The sugar producer and landowner will enter into discussions with its lenders this week as it prepares to report a full-year loss.

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The South African Canegrowers Association is calling on Finance Minister Tito Mboweni to rethink the sugar tax before delivering his budget speech tomorrow.

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