The South African sugarcane industry has experienced a sharp decline in revenue and production in recent years, mainly as a result of cheap sugar imports that have flooded the local sugar market, as well as the Health Promotion Levy (HPL) or so-called sugar tax, that is threatening its future prospects. The Portfolio Committee on Trade and Industry held a meeting on May 11, during which stakeholders within the sugar industry engaged on key matters and developments with regard to the Sugar Masterplan – which was formally signed off by all stakeholders in a virtual ceremony held on November 16, 2020.
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