ANNO XVIII Aprile 2024.  Direttore Umberto Calabrese

Venerdì, 21 Agosto 2015 00:00

Mozambique sugar import price rise not enough, says firms

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Maputo - The increase in sugar import prices is not enough to protect the industry in Mozambique, said the CTA, the country's Confederation of industrial associations, which again called for additional measures to make the industry more competitive.

The government decided on Aug. 8, with immediate effect, to increase the import price from 385 dollars to 806 dollars per ton for brown sugar and from 450 dollars to 932 dollars for white sugar, in an attempt to discourage the import of large amounts from other African nations where sugar production receives greater government subsidies.

Producers are also calling for more infrastructure to facilitate the internal movement of goods and the diversification of export markets.
  Currently the sugar industry in Mozambique employs about 30,000 people. The country expects to produce over 306,000 tons for export in 2015-2016 mainly to the EU and the U.S. (AGI)

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