Sugarcane industry laments increase in sugar tax - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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The sugarcane industry in KwaZulu-Natal says the decision by National Treasury to increase the sugar tax – formally known as the Health Promotion Levy is a slap in the face to small-scale farmers. Budget2022 sugartax

The beverage industry is compelled to indicate on the front package, the contents of products such as fat, salt and sugar.The beverage industry is compelled to indicate on the front package, the contents of products such as fat, salt and sugar.

The industry says since the implementation of the levy in April 2018, sugarcane growers have lost revenue of approximately R1.2 billion per season. The industry says the introduction of the Health Promotion Levy also known as sugar tax, in 2018 has had a devastating impact on sugar demand. Chairperson of the South African Sugar Association Sindi Mabaso-Koyana, says the 4.5 sugar tax increase announcement came as a shock.

 

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