Test

KwaZulu-Natal floods cost sugar growers a quarter of a billion – it's hurting SA’s snacks industry

Business Insider SA
For better health, avoid sugary snacks in favor of nutritious alternatives like nuts and fruit.
For better health, avoid sugary snacks in favor of nutritious alternatives like nuts and fruit.
Peter Dazeley/Getty Images

Damages amounting to a quarter of a billion rand in South Africa's sugar sector resulting from the devastating KwaZulu-Natal floods have had a ripple effect on the snacks and treats industry, a new report said.

Rand - Dollar
16.19
+0.4%
Rand - Pound
19.64
-0.0%
Rand - Euro
16.62
-0.1%
Rand - Aus dollar
11.52
+0.0%
Rand - Yen
0.12
-0.1%
Gold
1,802.29
0.0%
Silver
20.82
0.0%
Palladium
2,227.50
0.0%
Platinum
966.00
0.0%
Brent Crude
98.15
-1.5%
Top 40
63,996
-1.0%
All Share
70,731
-0.8%
Resource 10
64,048
-2.8%
Industrial 25
86,577
-0.6%
Financial 15
16,059
+0.6%
All JSE data delayed by at least 15 minutes Iress logo