THE Zimbabwean sugar industry is grappling with significant challenges as escalating operational costs and unfavourable policy decisions jeopardise its viability.
This has led companies like Triangle Limited (Triangle) to undertake drastic measures, including a three-phased staff rationalisation exercise, to stay afloat amidst mounting pressures.
Triangle, wholly owned by South African sugar giant Tongaat Huletts, announced the retrenchment exercise this week, which will begin in February and proceed in phases through May and August.