Sugar Industry Tribunal announces cane payment for Friday

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Government has not lost hope in reviving the sugar industry. Picture: FILE

Sugar cane farmers are to receive a $12.22 per tonne of cane payment on Friday, the Sugar Industry Tribunal has announced.

This will be the third cane payment for 2024 season.

The $12.22 per tonne of payment will bring the total amount to $69.63 per tonne of cane payment for the 2024 season.

Farmers have already been paid $43.06 per tonne for delivery payment and 414.35 per tonne as second cane payment.

The Sugar Industry Tribunal states as of March 28, the net share of the sugarcane growers cane proceeds is $133,937,226.