R12.2 million paid out to Khoi and San communities by rooibos industry

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In a historic agreement, the rooibos industry made its first payout of R12.2 million to the National Khoi and San Council and the South African San Council.

The Khoi and San communities are getting the recognition they deserve in more ways than one when it comes to their sacred knowledge of rooibos and its

properties. South Africa’s rooibos industry has paid out R12.2 million to the communities as part of a benefit-sharing agreement. The agreement has been years in the making and initially began in 2019 between the National Khoi and San Council, the South African San Council and the rooibos industry. The signed access and benefit-sharing agreement will ensure the Khoi and San communities share in the

profits of the industry, who in turn, benefit from the knowledge that these communities hold when it comes to rooibos and its commercial use, as perportion of the access and benefit-sharing fund. A benefit-sharing levy of 1.5% of the farm gate price of rooibos would be paid into the trust on an annual basis, this is said to come to R12 million a year.p uplift the Khoi and San communities and will be independently determined by the National Khoi and San and South African San councils.

 

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South Africa’s rooibos industry just paid out R12.2 million to the Khoi and San communities | BusinessinsiderThe Khoi and San communities are now financially benefiting from the rooibos industry's commercial use of the plant. Great to know 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! BISouthAfrica 🙏🎤✍️
Источник: BISouthAfrica - 🏆 34. / 51 Прочитайте больше »

South Africa’s rooibos industry just paid out R12.2 million to the Khoi and San communities | BusinessinsiderThe Khoi and San communities are now financially benefiting from the rooibos industry's commercial use of the plant. Great to know 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! BISouthAfrica 🙏🎤✍️
Источник: BISouthAfrica - 🏆 34. / 51 Прочитайте больше »