Not so sweet: Sugar tax is 'negatively impacting' industry

JOHANNESBURG - Parliament's portfolio committee on trade and industry says it will engage with the Minister of Trade and Industry, following concerns raised by the sugar industry about the negative impact of sugar tax on the industry.

Joan Fubbs, the chairperson of Parliament's portfolio committee on trade and industry, says that sugar tax is an issue. ‘Trade and Industry also looked at tariffs last year and the whole regulatory system, as well as climate. There is not much we can do about drought per se, except to mitigate the impact there. That is being done with the Department of Agriculture and Land and Rural Development.’

Coke in 2018, went from 500ml to 400ml and stayed the same price

Ireland Ireland Latest News, Ireland Ireland Headlines

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

MPs call for government intervention in embattled sugar industryParliament’s trade and industry committee has called on trade and industry minister to intervene in whatever way possible to address the crisis-hit industry
Source: BDliveSA - 🏆 12. / 63 Read more »

SA Canegrowers Association to brief parliament committee on sugar industry crisisSevere drought conditions, plummeting sugar prices, weak protection against cheap imports and sugar tax have impacted the industry negatively.
Source: TheCitizen_News - 🏆 6. / 75 Read more »