Transformation efforts will succeed only if state partners with us to save the sugar industry iol.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iol.co.za Daily Mail and Mail on Sunday newspapers.
The sugar tax was introduced to reduce obesity in South Africa. Instead, it is destroying the very livelihoods people need to access the nutritious food they require to promote health and wellbeing. The sugar tax was introduced to reduce obesity in South Africa. Instead, it is destroying the ve.
Economic policy must reflect the vital role of agriculture in creating opportunities for South Africa s youth iol.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iol.co.za Daily Mail and Mail on Sunday newspapers.
In his budget vote on Thursday, 18 May 2023, Minister Ebrahim Patel needs to urgently announce his departments plans to help South Africa’s sugarcane growers survive the current milling crisis, or risk presiding over the collapse of parts of the sector. Nearly seven months after Tongaat Hulett entered its South African operations into business rescue, growers continue to face financial and operational uncertainty. SA Canegrowers is deeply concerned that, unless urgent action is forthcoming, a number of small-scale growers will not survive this season. The crisis facing growers was exacerbated by the R1,5 billion defaults announced by Tongaat Hulett and Gledhow. This led to a more than R400 drop in the revenue per ton of RV (recoverable value) last season, at the same time as growers have seen exorbitant input costs increases, especially due to escalating loadshedding.
In his budget vote on May 18, Minister Ebrahim Patel should urgently announce his department’s plans to help South Africa’s sugarcane growers survive the current milling crisis, or risk presiding over the collapse of parts of the sector, industry organisation SA Canegrowers chairperson Andrew Russell urges. Nearly seven months after Tongaat Hulett entered its South African operations into business rescue, growers continue to face financial and operational uncertainty, he says.