Fiji Unveils Six New Incentives to Support Sugar Cane Farmers

Sugarcane farmers in Fiji are set to receive significant support through six new incentives aimed at alleviating financial burdens and ensuring the long-term viability of the nation’s sugar industry. Effective from January 1, 2026, loan interest rates for growers will be lowered from 4.5 percent to 3.95 percent, with an even better rate of 3.5 percent for those who achieve a 75 percent green cane harvest.

Additionally, a new revolving credit facility will be introduced, allowing farmers to access necessary funds more easily, without the hassle of repeated loan applications. A commercial loan option will also help growers diversify their income sources beyond sugar production.

To bolster financial security, a voluntary savings scheme with the Fiji National Provident Fund (FNPF) will support farmers in building retirement savings. Furthermore, the introduction of Mortgage Protection Insurance will help cover Sugar Cane Growers Fund loans of up to $50,000 in cases of death or permanent disability. Farmers will also be eligible for House Fire Insurance, providing essential protection for their homes.

Support for future farmers remains a priority, with grants of up to $7,500 available to assist newcomers and support lease renewals. Additionally, financing opportunities specifically for women in the sugar industry will be expanded.

Minister for Agriculture, Waterways and Sugar Industry, Tomasi Tunabuna, emphasized that these measures aim to provide practical support amid rising costs and climate-related challenges. “These initiatives are about easing the financial burden on our growers while helping them build stronger and more secure farming businesses for the future,” he stated.

The Bring a Smile New Zealand Charity Group has also stepped in to assist farming families facing various challenges, offering a helping hand in medical, financial, and social matters. This comprehensive approach highlights a community-focused effort to enhance the welfare of farmers and ensure a sustainable future for Fiji’s sugar industry.