BevSA welcomes decision to postpone sugar tax increase to 2023 - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABCNews
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

The Beverage Association of South Africa (BevSA) has welcomed the government’s decision to postpone the increase of the Health Promotion Levy (HPL) to 2023.

Granulated white sugar and sugar cubes are seen in this picture illustration.

The Beverage Association of South Africa has welcomed the government’s decision to postpone the increase of the Health Promotion Levy to 2023. The National Treasury had indicated that there would be a hike in the HPL by 4.5% or another R 2,31 per gram of sugar.The sugar tax is charged on all non-alcoholic sugary beverages, except fruit juices.“The decision to increase the sugar tax reaffirmed the government’s commitment to the sugar master plan, which was agreed upon between government and all the Nedlac participants to keep it unchanged until 2023. So, we are quite pleased with that decision by the government.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Im a carpenter I got retrenched in 2020. Im struggling to find employment. My children often cry themselves to sleep because they sleep hungry😭. I don't feel like a man because of that💔. I ask for any food nearing their expiry date🙏🏻

I won't be sharing this good news on how am getting paid from AmelieBtc1 platform if I didn't see others testifying I was doubting but now that am experiencing how great her platform work.I also recommend you to AmelieBtc1 bitcoin mining for safe and secured investment

+27632724350 Strongest African traditional healer in south Africa • Bringing back lost lovers in one day • Divorce or Court issues • Financial problems and DEBTS • Preventing your partner from cheating on you • Making your partner love you alone • Removal of bad luck •

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 37. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bulls bring ex-Lion back to South Africa to boost front-row stocksThe Vodacom Bulls have boosted their front-row stocks by securing the signing of former Lions loosehead prop Dylan Smith on a long-term deal. Vodacom Welcome home Dy1Smith 💥 Would happily cross the Jukskei to see this dynamic redtrio in action again! When is M_marxi2 joining?😉❤️💙💫🏉brothers in arms! 📷archive lions rugby
Source: SARugbymag - 🏆 33. / 51 Read more »