Tariff rebates by the European Union on Mozambican products are one reason South African companies producers are finding it attractive to grow and process sugar cane in that country. Lower labor costs and a growing local sugar demand are other reasons.
THe South African CEO of major sugar producer Tongaat Hulett says, "Sugar production in Mozambique is expected to grow by 30% over the next three years to above 310000 tonnes/year (from 233000 tonnes/year) together with a reduction in unit costs."
article...Financial Mail
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October 24, 2012
South African sugar producers expand into Mozambique
Categories Mozambique, South Africa, sugar
