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Cane growers welcome 12-month delay in raising sugar tax

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Sugar cane growers have welcomed the finance minister's announcement that a 4.5% increase in the sugar tax will be delayed by a year.

The increase, which would have raised the tax to 2.31c per gram of sugar, was announced in Enoch Godongwana's maiden budget in February.

In a statement on Saturday, industry body SA Canegrowers welcomed Godongwana;s announcement of a 12-month delay in the increase of the health promotion levy, or sugar tax, which was originally proposed to take effect from Friday. “The delay is a welcome reprieve for SA’s growers, especially small-scale growers,” said the organisation's CEO, Thomas Funke.

“In the first of year of its implementation alone, the sugar tax cost SA more than 16,000 jobs and R2.05bn.”

 

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