Sugar industry warns of R723m in loadshedding-induced losses for this year

Industry body SA Canegrowers has appealed to government to implement measures to mitigate the impact of loadshedding on sugarcane growers, warning that its data shows that the South African sugar industry is set to lose R723-million this year as a result of loadshedding. “With milling giant Tongaat Hulett in business rescue and the destructive Health Promotion Levy [also known as the sugar tax] already hampering the industry, these losses are potentially catastrophic for growers and the industry’s workers,” it states.