It seems only right that a tax that originates from the sugar industry should be applied to explore ways to enable this huge employer of South Africans to keep up the good work.
The SA Canegrowers Association is shocked at Finance Minister Tito Mboweni’s decision to hike the sugar tax by 5.2% amidst an imminent industry collapse and extensive job losses.
Finance Minister Tito Mboweni’s decision not to hike the sugar tax in his budget speech offers a glimmer of hope to those who depend on the sugar industry for their economic survival.
Ahead of Minister Godongwana delivering his Medium Term Budget Policy Statement (MTBPS) tomorrow, 11 November 2021, SA Canegrowers calls on him to scrap the Health Promotion Levy (HPL or sugar tax).