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.   

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now