Stakeholders in the sugar industry call for a meeting with Finance Minister to discuss Sugar Tax.
Stakeholders in South Africa’s sugar industry are calling for an urgent meeting with Finance Minister Enoch Godongwana to discuss an immediate moratorium on the Health Promotion Levy, commonly known as the Sugar Tax.In an open letter to the Minister, representatives from the South African Sugar Association, South African Farmers Development Association , SA Canegrowers, and the South African Sugar Converters Association requested an opportunity to discuss the levy’s impact on the industry.
Obviously, it takes a lot of effort for government to scrap the tax but we have been crying for at least the moratorium on its increase until the introduction of biofuels…which will take the sugarcane reproduced into other income streams, like I said, biofuels being one ticket item that we’re targetting.
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