Sugar Industry

Sucrivoire's stock has risen 190% in 2026 despite an $11m loss, shrinking sales, and no dividend since 2020, making it West Africa's top performer. The stock's surge is attributed to factors unexplained in the article's brief excerpt.

Information Minister Attaullah Tarar described the FY2027 federal budget as 'relief-oriented' during a press briefing with Finance State Minister Bilal Azhar Kayani. He highlighted economic reforms including digitization of tax systems, merit-based hiring at the Federal Board of Revenue, and efforts to combat tax evasion in industries like sugar, tobacco, and cement, which recovered Rs60 billion and addressed a Rs200 billion leak.

The article explores the sugar industry's historical reliance on slavery and exploitation, alongside its environmental harm, highlighting ongoing societal impacts. These practices continue to affect modern contexts, revealing a legacy of systemic injustice.