International Sugar Journal

South Africa – Master plan to support the local sugar industry signed by all the stakeholders [Full subscriber]

South Africa’s struggling sugar industry has received a major boost after the signing of a master plan by the Trade, Industry and Competition Minister Ebrahim Patel and Minister of Agriculture, Land Reform and Rural Development, Thoko Didiza, alongside stakeholders farmers, industrial users and retailers.

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South Africa – Covid-19 pandemic stalls plan to revive the sugar industry [Full subscriber]

The Covid-19 pandemic has scuppered plans to revitalize South Africa’s ailing sugar industry for the time being, reported Bloomberg.

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South Africa – Tongaat Hulett to exit from sugarcane farming [Full subscriber]

Embattled agri-processing and property giant Tongaat Hulett is preparing to pull out of cane production, as part of a turn-around plan, according to local press reports.

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South Africa – Government considering phasing out sugar import tariffs [Full subscriber]

Signs that import protection tariffs for the sugar industry might be phased out indicated a turnaround in government thinking on this issue, SA Sugar Importers Association chief executive Chris Engelbrecht said on 5th September, according to local press reports.

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South Africa – Tongaat Hulett’s shares fall 65% this year as it struggles with debt and loss [Registered]

Shares in the struggling sugar producer Tongaat Hulett fell more than 14% on 11th March after its chief executive warned that that “certain practices” have been discovered that may lead to a restatement of earlier financial information.

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South Africa – Sugar tax hurts the industry [Registered]

 A tax on sugary beverages that went into effect in April 2018 is straining the South African sugar industry. The industry is already buffeted by drought and a slump in global sugar price.

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South Africa increase sugar import tariff US$680/tonne [Full subscriber]

South Africa has raised import duties on sugar to US$680 from US$566 a tonne to protect the domestic industry against a surge in imports, the trade and industry minister Rob Davies’ said on 15th August.

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South Africa – Cane growers protest against cheap imports, demand increased tariffs [Full subscriber]

Some 2000 cane growers led by the South African Sugar Association (SASA) and the SA Farmers Development Association (SAFDA) on 26th June protested in Pretoria demanding that tariffs on sugar imports be increased in order to protect the local sugarcane industry from cheap imports, according to local press reports.

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South Africa – Tax on sugar-sweetened drinks came to effect in April [Registered]

Tax on sugar-sweetened beverages announced in 2016, came into effect on April 1st.

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South Africa – 2017/18 sugar output 27% up from previous year [Registered]

The 2017/18 sugar output in South Africa is forecast to increase to 1.97 million tonnes, up by 27% from the previous year, according to the latest report from USDA.

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