A wages settlement survey condu-cted by the Federation of Swaziland Employers and Chamber of Commerce (FSE&CC) shows that the sugar sector is one of the best performers when it comes to average wages settlement.
The survey shows that the sugar sector on average would pay 8.3 per cent as wages increment.
Swaziland's House of Assembly Speaker Prince Guduza met with Kuwait's Chamber of Commerce and Industry on Wednesday to discuss economic and trade bilateral cooperation.
Speaking to a host of attending Kuwaiti businessmen, he said his government
was keen to boost these relations, particularly in the field of agriculture.
Swaziland produces an annual 700,000 tonnes of sugar - 90 pct of which, he
said, is sold to the US, Europe and Africa.
LOCAL sugar cane farmers stand to heftily benefit from the European Union’s 19.5m Euros (about E234 m) grant which will finance sugar cane production for the next six years.
This money will not be repaid. The EU gave a grant of 54.2 million euros (about E540m) for the 2011-2013 multi annual programme of which E234m will be channelled towards sugar cane production.
UBOMBO Sugar Limited is anticipating supplying Swaziland with 5 to 10% of its power.
The power station was officially launched by His Majesty King Mswati III and the company injected a staggering E1.2 billion towards its building as well as expanding its factory operations.
THERE is an increasing pressure for the sugar industry to engage in green cane harvesting.
The current trend is such that the cane is burnt before harvesting. Swaziland Sugar Association (SSA) Service Level Agreement Manager Jabulani Sifundza will be presenting a paper on green cane harvesting during a sugar conference next Thursday. He explained that the cane was burnt for the purpose of easy handling.
Sugar output in Swaziland, Africa’s third-biggest producer of the sweetener, may increase 12 percent this year as more land is put under cultivation by small-scale farmers, the country’s industry board said.
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