Government publishes new guidelines to boost sugar industry

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Indonesia Berita Berita

Sector generates an income of about R14bn a year and is responsible for at least 350,000 jobs

The government has published new guidelines to boost the struggling sugar industry, including measures to ensure it is designated a priority supplier in SA.

The local sugar industry generates an income of about R14bn a year and is responsible for at least 350,000 jobs. However, it has been on the brink of collapse in recent times due to several headwinds, including a drop in sales volumes, partly due to the sugar tax, falling prices and stiff competition from cheap imports mainly from Brazil.

 

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