Sugar industry wants delay on increasing tax crippling the sector

  • 📰 mailandguardian
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 92%

المملكة العربية السعودية أخبار أخبار

المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين

The sector says the health promotion tax introduced in 2018 has hurt sugar producers and cost jobs

Lost your password? Please enter your username or email address. You will receive a link to create a new password via email.South Africa’s struggling sugar sector is pleading with the government to hold off increasing a health promotion tax on the industry until 2030, when a master plan vital to its recovery and long-term sustainability will be finalised.

According to Sasa, the tax cost the industry more than R2 billion and resulted in the loss of 16 000 jobs in its first year of implementation. The association estimates a loss of R720 million a year if the freeze on increasing the tax falls away.

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 2. in SA
 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Netflix drama ‘Blood Legacy’ is all about secrets, scandals and sordid sugar businessAdapted from the acclaimed series Monarca, this new addition to the Netflix lineup has quickly captured the hearts of viewers.
مصدر: TheStar_news - 🏆 26. / 59 اقرأ أكثر »