Sugar imports drop 50 per cent on world market biting shortage

Sugar imports. FILE PHOTO | NMG

Sugar imports in 10 months to October declined by more than half on the back of a biting shortage on the world market which has seen traders struggle to procure stocks.

Data from the Sugar Directorate shows traders imported 96,730 tonnes of the produce from the Common Market for Eastern and Southern Africa (Comesa) down from 201,555 that were imported in the corresponding period last year.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.