RV Price Avg. price per ton: R4 205.68 D'Factor: 0.403851 May 2019

Search results for tag: 'sugar tax'

“There is a need for the SA sugar industry to consider diversifying its product offerings and to look at bio-based niche product markets in order to increase sustainability, grow the revenue source and contribute as a transformed, competitive and profitable job-creating industry,” said the department.

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DTI and South African Cane Growers Association discuss impact of imported sugar on the sugar value chain

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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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As part of the Health Department‘s strategy to reduce obesity, SA in 2018 became the first country in Africa to introduce a sugar tax. While Treasury conceded some jobs would be lost, the impact on sugar industry now claims of 10,000 imminent job losses in the cane growing sector alone.

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The South African Cane Growers' Association has welcomed government's undertaking to investigate ways in which the 'imminent collapse" of the sugar value chain can be prevented.

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No sugar-coating bitter budget pill

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