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Trade and industry portfolio comm chair on 'sugar tax' impact on industry

1 March 2019 9:51 AM
Tags:
Sugar tax
sugar industry
health promotion bill

Chairperson of Parliament's portfolio committee on Trade and Industry, Joan Fubbs says the sugar tax matter is a complex one.

Known as the 'sugar tax', the Health Promotion Levy, is seen as a positive step in helping address health issues in South Africa.

However, could this tax be negatively affecting the country's sugar industry?

Read: Sugar tax bill gets nod, comes into effect April 2018

Chairperson of Parliament's portfolio committee on trade and industry Joan Fubbs says the sugar tax is a matter of serious concern but is also a very complex one.

When the Health Promotion Tax was signed, finance took it to Nedlac and a study was undertaken and several mitigations were developed by Nedlac. And these have not been effectively implemented.

Joan Fubbs, Chairperson of parliament's portfolio committee - Trade and Industry

The sugar tax is an issue, trade remedies were also looked, and tariffs which were addressed last year.

Joan Fubbs, Chairperson of parliament's portfolio committee - Trade and Industry

She adds that a study was undertaken by the finance department to look at what the impact on jobs would be because of the tax.

Listen below to the full interview:


1 March 2019 9:51 AM
Tags:
Sugar tax
sugar industry
health promotion bill

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