Lowveld sugar producer Tongaat Huletts Zimbabwe is in the
eye of a storm after it used sugar cane export proceeds for more than
1 000 indigenous farmers in Chiredzi without their permission.
The firm was reportedly paid US$52 million in January for
sucrose exports by the Zimbabwe Sugar Sales (ZSS), which markets and receives
payment for all the sugar sold on the local and international market.
Tongaat was supposed to work out ways of paying out-grower
farmers their share from the exported sugar but went on to use all the money
without even consulting them. Farmers only received payment for sugar sold on
the local market with Tongaat reportedly insisting that it used the hard
currency to import fertilisers for the industry. Herald
0 comments:
Post a Comment