[Update] The Department of Environmental affairs implementation of the Nagoya Protocol is having a detrimental effect on the wider cosmetic sector.
According to the Nagoya Protocol, Indigenous plant species needs to be protected in terms of biodiversity agreement across the world.
The new rules now require all products with indigenous South African ingredients, such as aloe ferox, rooibos, marula, baobab etc. to have BABS (Bioprospecting and Benefit Sharing) permits.
Following the EyeSlices interview (listen below), The Money Show presenter, Bruce Whitfield speaks to Ernest Du Toit, CEO of Annique, Director of the Rooibos Council, Director of the Cosmetic Toiletry and Fragrance Association, Director of the Direct Selling Association:
According to the government, in order to get a permit you need to jump a few hoops including negotiating with the Khoikhoi and San people— Ernest Du Toit
Listen to the full interview below:
Read the EyeSlices article below:
EyeSlices is marketed as an all-in-one solution for puffiness, dark circles, tiredness and wrinkles around the sensitive eye area.
The Money Show’s Bruce Whitfield interviewed Kerryne Krause-Neufeldt, founder and “Chief Excitement Officer” of EyeSlices, who has certificate issues and has found herself in legal trouble.
Scroll down to listen to the audio.
Our supplier has ticked every box; they’re fully compliant with international environmental laws.— Kerryne Krause-Neufeldt
The DTI helped to fund us, yet now the Department of Environmental Affairs wants to prosecute me.— Kerryne Krause-Neufeldt
We were never contravened the law.— Kerryne Krause-Neufeldt
The DTI has been lobbying with us to resolve this issue.— Kerryne Krause-Neufeldt