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.