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How the sugar tax will affect you

23 August 2016 8:35 AM

Concerns have been raised regarding mass job shedding with the sugar tax coming into effect in April 2017.

The implementation of a sugar tax which comes into effect in April next year has been met with criticism.

Minister of Finance, Pravin Gordhan, made the announcement on the tax on sugar-sweetened beverages earlier this year in the Budget Speech.

Discrimination against the poor and possible mass job losses are among the concerns that have been raised by people in the industry.

However, Professor Karen Hofman from PRICELESS SA, believes that the sugar tax will go a long way in fighting obesity and diabetes. She noted the success of middle-income country, Mexico, which has a similair tax law and managed to avoid job cuts.

It's going to save a quarter of a million people from becoming obese and taxation is one of the most effective ways to deal with the contribution of sugary drinks to diabetes.

Prof Karen Hofman, PRICELESS SA

23 August 2016 8:35 AM