Don’t sell sugar firms cheaply to vultures

Government-owned sugar companies are high cost producers. FILE PHOTO | NMG

Privatisation of sugar companies is back on the agenda. The question we should be asking is the following. Which businessmen would want to throw their money into buying the sugar companies in the conditions they are in today?

Why do we want to sell assets we have spent millions on to greedy merchants and vultures whose only interest is to gobble these companies on the cheap and strip the assets.

PAYE Tax Calculator

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