Department of Trade, Industry and Competition
The current period of designation of the sugar industry in terms of Section 10(3)(b)(iv) of the Competition Act has been extended.
The designation was announced in Government Gazette 43466 in June 2020.
The original designation was for 12 months.
The designation of an exemption is intended to support the economic development, growth, transformation and stability of the sugar industry in line with the objectives of the Sugar Masterplan.
The extension, published in Gazette 44653, applies for 24 months and commences on 1 July 2021.
The extension notice points out that the extension of the designation supports the continued economic development, growth, transformation and stability of the sugar industry in line with the objectives of the Sugar Masterplan.
Last year, the trade, industry and competition department declared that the Masterplan “requires a set of collaborative actions by stakeholders in the industry, which in turns require an appropriate exemption from certain provisions of the Competition Act, given that collaboration between competitors is not ordinarily allowed in terms of the Act.”
The Masterplan aims to “create a diversified and globally competitive, sustainable and transformed sugarcane-based value chain that actively contributes to South Africa’s economic and social development, creating prosperity for stakeholders in the sugarcane value chain, the wider bio-economy, society and the environment”.