Sugar barons sour about import prices
The industry wants stronger measures to save it from cheap imports and ‘distorted’ world prices.
The industry wants stronger measures to save it from cheap imports and ‘distorted’ world prices.
In a move to boost treasury coffers, retailers have been asked to pay backdated VAT on white sugar.
Agricultural and agri-processing business Tongaat Hulett had a mixed year, according to its annual results for the year ending March 31, 2011.
The sugar price is the highest it’s been for 28 years and it could continue to rise, writes Lynley Donnelly