Diversification said to be key to industry’s survival

Despite Phase 1 of the “all-important” Sugarcane Value Chain Master Plan to 2030 (Sugarcane Master Plan) having expired on March 31, 2023, government has allowed for two additional years so that South African sugar industry players can restructure and diversify. Sugar industry professional body the South African Sugar Association (SASA), government and other industry stakeholders have been working closely together to identify several potential diversification opportunities and explore their viability.