Consider this Mboweni: Sugar tax costs industry R925m since inception
(WorldNews Business)

CAPE TOWN - The South African Canegrowers Association on Monday revealed that the sugar tax (or health promotion levy) has cost the sugar industry nearly R1 billion since its implementation on April 1, 2018. The association called on Finance Minister Tito Mboweni to use the opportunity of his maiden budget speech on Wednesday to shelve the sugar tax, pending a thorough assessment of its impact on the economy and jobs. The association´s chairperson Graeme Stainbank said: `According to our...