Agri sector calls for tax relief, infrastructure investment ahead of MTBPS

Industry body Agri SA says it is hopeful that the Medium-Term Budget Policy Statement (MTBPS), to be delivered by Finance Minister Enoch Godongwana on Wednesday afternoon, will outline critical measures to support the agricultural sector amid several crises that threaten the sector’s continued growth. “Coming so soon after the crippling Transnet strike, with ongoing loadshedding and high input costs, Minister Godongwana must use the opportunity of the MTBPS to signal interventions that help to bolster the sector, which [accounts for about] 874 000 jobs and contributed more than 2% to gross domestic product (GDP), despite the challenges of the past three years,” the organisation states.

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