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Sugar industry renews call for scrapping of health tax

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If sugar tax is not canned, industry could collapse

SA’s struggling sugar industry has launched a fresh bid for the sugar tax to be scrapped, arguing that there is no evidence the levy has had a positive impact on obesity levels in the country.

In a written submission to finance minister Enoch Godongwana, SA Canegrowers called for the sugar tax, which is due to be increased next year, to be scrapped to save the sector where 1-million livelihoods are at stake...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.

 

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Sugar industry calls for scrapping of sugar tax, againSugar industry body, sa_canegrowers is calling on National Treasury to not only suspend an increase in the sugar tax, but to scrap it entirely to protect the already struggling industry. Moneyweb Matshoba_A
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