Sugar body rejects any expansion of the sugar tax
A hike in the levy would stifle demand further with a devastating effect on the sugar cane value chain, says Sasa
The SA Sugar Association (Sasa) has called on the government to halt any increase or expansion of the sugar tax ahead of the budget speech, saying it needs time to research and implement its diversification strategy under which sugar cane will be used for a wide range of applications outside refined sugar.
A study commissioned by the body and conducted by the Bureau for Food and Agricultural Policy (BFAP) revealed that an increase or expansion of the health promotion levy (HPL), also known as the sugar tax, would result in a drastic 125,000-tonne reduction in local refined sugar demand for 2023/2024...
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