Joan Fubbs the chairperson of Parliament's portfolio committee on trade and industry says that sugar tax is an issue.
JOHANNESBURG - Parliament's portfolio committee on trade and industry says it will engage with the Minister of Trade and Industry, following concerns raised by the sugar industry about the negative impact of sugar tax on the industry.
Joan Fubbs, the chairperson of Parliament's portfolio committee on trade and industry, says that sugar tax is an issue. ‘Trade and Industry also looked at tariffs last year and the whole regulatory system, as well as climate. There is not much we can do about drought per se, except to mitigate the impact there. That is being done with the Department of Agriculture and Land and Rural Development.’
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
DA not happy with decision not to subject Mkhwebane to an inquiryA committee vote on Tuesday went six against three in favour of the decision against any inquiry into Busisiwe Mkhwebane.
Read more »
MPs call for government intervention in embattled sugar industryParliament’s trade and industry committee has called on trade and industry minister to intervene in whatever way possible to address the crisis-hit industry
Read more »
Canegrowers’ association calls for suspension of sugar tax, says 10,000 jobs are at riskIn less than a year, the industry claims it's lost R1.3bn since the introduction of the tax.
Read more »
SA Canegrowers Association to brief parliament committee on sugar industry crisisSevere drought conditions, plummeting sugar prices, weak protection against cheap imports and sugar tax have impacted the industry negatively.
Read more »
What Tongaat plans next after ‘appalling’ annual lossShare price and market value fall as company says sugar sales are under pressure due to oversupply and the sugar tax
Read more »
Eskom chair warns of threat to the economy should debt not be repaid
Read more »
Eskom will not pay back R25bn Huarong loan – MabuzaThe interim group chief executive officer at the time the loan was taken, Shaun Maritz, was implicated in a kickback scandal.
Read more »