Sugar exports turn sour

Zimbabwe’s agricultural
exports to the European
Union are under threat
due to high costs – with
sugar being one of the
commodities hardest hit.
Tongaat Hulett Zimbabwe
corporate affairs and
communications manager,
Adelaide Chikunguru,
is quoted by Business
Daily as saying that tough
regulations imposed by the
western economic trade bloc
make it difficult for African
sugar exporters to make
profit.
“The European
Community has determined
that the price of sugar in
the EU should be traded at
prices as close as possible to
world market pricing. This
makes the market unviable
due to the high costs of
production associated with
Zimbabwe sugar and other
African countries,” she told
the publication.