n Farmer’s Weekly - Preparing for sugar tax : market analysis
|Article Title||Preparing for sugar tax : market analysis|
|© Publisher:||Caxton Magazines|
|Publication Date||Jul 2016|
|Pages||34 - 36|
The SA sugar industry is bracing itself for the tax on sugar-sweetened beverages announced by Finance Minister Pravin Gordhan in his budget speech earlier this year. The tax, which is set to take effect on 1 April 2017, aims to reduce the prevalence of obesity in South Africa. Obesity has become a global epidemic and South Africa is no exception: annual per capita consumption of sugar in the country was 34,42kg last year, up from a record low of 27kg in 1999.
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