/ 19 February 1999

MOZ SUGAR TO ROCKET

MOZAMBIQUE will soon be one of Africa’s most competitive producers of sugar thanks to the privatisation of the industry two years ago, a senior government official said on Wednesday. Arnaldo Ribeiro, director of Mozambique’s sugar institute, anticipates that Mozambique will be producing at least 300000 tons of sugar a year by 2005, following rehabilitation of the sugar industry. Currently production stands at less than 50000 tons and the country spends about $40-million annually on imports.