Staff Reporter
The Cane Farmers Association (CFA) has forecasted a notable five percent increase in sugar production, reaching an impressive 390,000 metric tonnes this year.
According to a source within the CFA who spoke on condition of anonymity, this anticipated growth is primarily attributed to enhanced irrigation capabilities, supported by robust water supplies from major dams in cane-producing regions.
"The cane production forecast for the upcoming fiscal year is promising, as major dams are poised to supply ample irrigation water to cane-producing regions," the source stated.
Furthermore, the source indicated that this year's sugar production is expected to benefit from carry-over cane from last year’s harvest, which had been delayed due to contractual disputes between growers and millers.
This unresolved cane has now accumulated and is ready to significantly bolster the upcoming production cycle.
"The carry-over cane from the previous harvest, due to contractual disputes, will significantly contribute to the increased production expected in the upcoming year," the source explained.
The quality of the cane is also expected to see improvements, which will positively affect both the yield and the quality of the final sugar product.
“There is going to be an increase in cane quality, which will positively impact sugar production, ensuring higher yields and product quality," added the source.
Moreover, recent Government policy initiatives are poised to influence the landscape of the sugar industry significantly. The introduction of a sugar tax on sweetened beverages and a 15 percent VAT on refined sugar could potentially dampen consumption slightly.
However, the reinstatement of import duties on sugar is expected to counterbalance this by boosting domestic sales for local producers.
"While the sugar tax and VAT may affect consumption slightly, the reinstatement of import duties on sugar is poised to boost domestic sales for Zimbabwean sugar producers," the source elaborated.
As Zimbabwe gears up for a rise in sugar production, the country is set to benefit from favourable agricultural conditions and strategic policy measures.
With these factors aligned, the nation anticipates reaping the benefits of increased sugar output in the coming fiscal year. This surge in production not only promises to enhance local industry but also positions Zimbabwe to strengthen its stance in the global sugar market.
