By Thakira Desai This week, the proposed sugar tax is set to be tabled before Parliament’s Standing Committee on Finance, a matter that has left the public divided. A sugar tax or soft-drink tax is designed to reduce consumption of drinks with added sugar. Drinks covered under a sugar tax[…]
There is no substantial evidence to indicate National Treasury’s proposed 20% tax on sugar- sweetened beverages (SSBs) may curb obesity, according to the South African Institute of Race Relations (IRR). The IRR published a policy paper, A stealth tax, not a health tax. The paper indicates that the “mathematical model”[…]
Debates on a proposed tax for sugar sweetened beverages in South Africa have reached fever pitch with the local food and beverage industry squaring up against the proposed sugary drinks tax expected to be implemented in April 2017. Professor Karen Hofman and Aviva Tugendhaft provide a few facts. What difference[…]
Consumers burdened by debt will be hardest hit by increases in fuel and tax levies announced by Finance Minister Pravin Gordhan in his Budget yesterday. Although analysts said that Gordhan was left with little choice but to craft a tight budget, consumers complained his measures would leave them short. Many Capetonians[…]
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