Report shows tax shrunk the sugar industry, says association

A report, commissioned by the National Economic Development and Labour Council (Nedlac) at the request of the Portfolio Committee of Trade and Industry, showed that, by 2019, the sugar tax had resulted in the sugar sector losing 9 154 jobs, – almost 10% of its workforce. Further, the tax resulted in a R1.19-billion decline in the industry's gross value-added contribution to the economy, industry body the South African Canegrowers Association (SA Canegrowers) says.

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