Business Insider SAThe Khoi and San communities will now benefit from the rooibos industry's commercial use of rooibos and honeybush.
As part of the agreement, the rooibos industry pays a levy of 1.5% of the farm gate price of rooibos to a trust on an annual basis. South Africa's rooibos industry has just paid out as much as R12.2 million to the Khoi and San communities as part of a benefit-sharing agreement signed almost three years ago.
The South African Rooibos Council said the agreement would see all volumes of rooibos sold levied through one process. It said a benefit-sharing levy of 1.5% of the farm gate price of rooibos would be paid out into a trust annually, estimated at R12 million a year. "As a signatory to the Nagoya Protocol, South Africa requires all who trade in indigenous biological resources, such as Rooibos, to share benefits with traditional knowledge holders in a fair and equitable way," the SARC said in a statement on Tuesday.
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BISouthAfrica A very good step indeed.🤞♥️🍻
BISouthAfrica 💃🏾💃🏾🥳🥳I love this community and I wish them all the best
BISouthAfrica 🙏🎤✍️
BISouthAfrica Will all dagga users be taxed next for them? Tax all sun bathers next! Ostrich farmers and game parks! Whoopee and we sit and smoke dagga at the union buildings!
Great to know