93 articles tagged "fsc"
Sugarcane farmers now have to spend more for harvesting from this season as the rate for mechanical harvesting has increased from $17.50 to $20.61 per tonne. The Fijian Competition and Consumer Commission has autho
There is good news for farmers as the fourth cane payment of $15.15 will be paid today. The Registrar of the Sugar Industry Tribunal, Timothy Brown says this will bring the total amount to $77.48 per tonne of cane
The National Farmers Union has called for a forecast price of $60 per tonne of cane for the 2022 season and says the delivery payment should be fixed at $45 per tonne to avoid problems that may arise should a lower rate
Good news for cane farmers as the third cane payment of $11 per tonne will be made next Thursday. The Registrar of the Sugar Industry Tribunal, Timothy Brown says this will bring the total amount to $62.33 per tonn
Acting Prime Minister Aiyaz Sayed-Khaiyum says all proceeds from the sale of sugar will be shared between the growers and the miller through a 30/70 percent ratio. He highlighted this when questioned by SODELPA MP
The Fijian Competition and Consumer Commission and the Fiji Sugar Corporation are yet to explain how cane farmers will benefit from $17 million annually through a 90 cents per kilogram increase in the ex-warehouse price
The Government has agreed to withdraw its March 2021 compulsory acquisition notice to nearly 2,000 minority shareholders of the Fiji Sugar Corporation Limited. Munro Leys partner and prominent lawyer, Richard Naidu
The Fiji Sugar Corporation is not bankrupt, is financially sound and will continue with the cane payment according to FSC CEO, Bhan Pratap Singh who is calling on cane farmers not to be discouraged. Singh says Fiji
The National Federation Party and Fiji Labour Party have condemned the Fijian Competition and Consumer Commission’s decision to approve an increase in the price for ex-warehouse sugar by 90 cents per kilogram while th
The Fiji Sugar Corporation says 79,996 tonnes of Fiji Sugar and 38,000 Tonnes of Molasses have been exported with a total revenue of $66.584 million. FSC says the total gross payments to the growers in the year 20
The CEO of the Sugar Cane Growers Council, Vimal Dutt says the $85 per tonne guaranteed cane price is a gross cane payment which will have deductions and the industry costs and other associated deductions are legitimate
The National Farmers Union and the National Federation Party are calling on the Government to honour its promise of a guaranteed minimum cane price of $85 per tonne as the final payment of $12.05 per tonne to be made to
Acting Permanent Secretary for Economy, Shiri Gounder says the Fijian Government is taking steps to convert the $173.8 million debt owed by FSC to Government into equity, with the intention to strengthen the balance she
The National Farmers Union is urging the Fiji Sugar Corporation not to process any deductions pertaining to year 2021 from the final cane payment for the 2020 crop due to be paid this month. General Secretary, Mahe
The Fiji Sugar Corporation has crushed 1.04 million tonnes of sugarcane at its three sugar mills as at the 30th of September and on an average, each mill was able to crush around 30,000 tonnes of cane per week, a feat l
The National Federation Party says the Sugar Cane Growers Council has well and truly abandoned its core objective of protecting cane growers and has now cemented its reputation as a toothless tiger championing the inter
The National Farmers Union has called on the Fiji Sugar Corporation and the Ministry of Sugar to pay cane farmers the full amount of $14.99 owed to them for their 2020 crop under the guaranteed minimum price of $85 per
The Fiji Sugar Corporation says it does not currently have an appropriate level of return to run a financially sustainable business and these are effects of legacy issues that has riddled the FSC with inefficiencies.
Prime Minister and Minister for Sugar, Voreqe Bainimarama says he is confident the new Chair of the Fiji Sugar Corporation, Pradeep Lal will add exceptional value in further transforming the FSC. The new appointmen
National Farmers Union General Secretary, Mahendra Chaudhry says cane farmers want the delivery payment of $32.61 a tonne to be increased to $42 along with a forecast cane price of $70 per tonne however the Registrar of
