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Sugar tax leaves a bitter taste for industry with 350 000 jobs at stake | Sunday TribuneSouth African Canegrowers Association said 350 000 jobs were at stake if issues facing the R14 billion industry were not addressed. DeanMacpherson You can thank the MYANC for yet another failure
Source: IOL - 🏆 46. / 51 Read more »
Sugar tax has cost R1bn and should be shelved, industry saysSA Cane Growers’ Association says that its impact on obesity is still questionable, but its knock to the economy and jobs is certain Now imagine what wealth taxes and such have done to other industries . The sugar tax has also resulted in poisonous sweeteners being added to almost all the cooldrinks now. These cause cancer, diabetes, weight gain & other health issues. Politicians are causing the exact problems they claim to fight & we must all pay into NHI while they sicken us? I saw it coming. This is/was always going to be unnecessary, government never serious about health issues, if they were, they'd ban alcohol and have a 'fat tax'. Ripple effect always leads to high unemployment.
Source: BDliveSA - 🏆 12. / 63 Read more »
Consider this Mboweni: Sugar tax costs industry R925m since inception | IOL Business ReportThe industry calls on Finance Minister Tito Mboweni to shelve the sugar tax, pending a thorough assessment of its impact on the economy and jobs. I agree get rid of this sugar tax it will lead to layoffs in the sugar industry which is counterproductive.
Source: IOL - 🏆 46. / 51 Read more »