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SUGAR TAX NEWS ON FASTMOVING

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Could a snack tax work better than the tax on sugary drinks to curb obesity?

Could a snack tax work better than the tax on sugary drinks to curb obesity?

12/09/2019 - 10:10
Sugary drinks may not be the biggest culprit in obesity - research suggests that a tax on sugary snacks may be even better.  read more
RCL Foods swings into a loss as sugar tax bites

RCL Foods swings into a loss as sugar tax bites

02/09/2019 - 12:44
RCL Foods, which owns Rainbow Chicken and Selati Sugar, said that difficulties in its sugar and chicken business contributed to shaving off R1bn in profits in the year to end-June. read more
RCL Foods slumps 10% as sugar tax does big damage

RCL Foods slumps 10% as sugar tax does big damage

15/08/2019 - 14:02
RCL Foods, which owns Rainbow Chicken and Selati Sugar, fell as much as 10.5% after warning it had written down its sugar unit by R761.9m as a result of a bigger than expected impact from the imposition of the government's sugar tax. read more
Sugar tax leaves sour taste

Sugar tax leaves sour taste

02/08/2019 - 08:31
The sugar industry in SA was experiencing serious difficulties even before the government introduced a tax on sugary beverages – and many manufacturers are now merely using artificial sweeteners instead. read more
Sugar tax didn't sweeten the deal for Clover

Sugar tax didn't sweeten the deal for Clover

05/03/2019 - 11:02
The sugar tax may be aimed at reducing consumption, but it ate its way into Clover's profits, the group said on Tuesday.  read more
Sweet surprise for Treasury as sugar tax puts more than expected in the pot

Sweet surprise for Treasury as sugar tax puts more than expected in the pot

31/10/2018 - 09:05
The Treasury has generated more money than it anticipated from its new tax on sugary drinks, despite moves by some manufacturers to reformulate products to reduce their sugar content. read more
Retailers to be fined up to £2500 for selling energy drinks to kids

Retailers to be fined up to £2500 for selling energy drinks to kids

31/08/2018 - 10:37
Retailers will soon be banned from selling energy drinks to children under new government plans announced recently. read more
Sugar tax effect smaller than thought, says Pioneer Foods

Sugar tax effect smaller than thought, says Pioneer Foods

21/12/2017 - 14:29
The health promotion levy, or sugar tax, will not be as negative for beverage producers as has been initially expected, Pioneer Foods says in its latest integrated report for 2017. read more
‘Sugar tax’ is adopted by Treasury without amendment

‘Sugar tax’ is adopted by Treasury without amendment

01/12/2017 - 15:41
The National Council of Provinces’ (NCOP) select committee on finance has adopted the bill which includes a provision for the health promotion levy — or sugar tax — without amendment. read more
National Assembly approves sugar tax

National Assembly approves sugar tax

23/11/2017 - 15:09
The bill providing for the implementation of a tax on sugary beverages — the health promotion levy — was passed by the National Assembly on Tuesday. read more
SA’s sugar industry under assault

SA’s sugar industry under assault

29/09/2017 - 08:46
South Africa’s sugar industry faces tough times — even without the imposition of a tax on sugary drinks.  read more
Treasury rejects claims of calamitous job losses from sugar tax

Treasury rejects claims of calamitous job losses from sugar tax

23/06/2017 - 09:50
Treasury has rejected claims of calamitous job losses resulting from the imposition of a health promotion levy. read more
Sugar tax under fire from producers, unions and business

Sugar tax under fire from producers, unions and business

08/06/2017 - 10:12
The Congress of South African Trade Unions (Cosatu), Business Unity SA (Busa) and the South African Sugar Association (Sasa) have agreed that the introduction of a tax on sugar-sweetened beverages should be delayed as it will have a negative effect on employment in the industry. read more
Sugary tax is a 'smart tax', says UCT expert

Sugary tax is a 'smart tax', says UCT expert

17/02/2017 - 11:22
Cape Town – A tax on sugar-sweetened beverages (SSBs) is a smart instrument to reduce consumption, said Evan Blecher, from the University of Cape Town’s Economics of Tobacco Control Products.  read more
Potential health benefit of taxing sugared drinks is overstated, economist says

Potential health benefit of taxing sugared drinks is overstated, economist says

07/12/2016 - 08:52
Reducing the energy content of sugar-sweetened drinks would be a more effective way to combat obesity than implementing a sugar tax, according to research commissioned by beverage industry association BevSA. read more
 Sugar tax: Treasury to release impact study

Sugar tax: Treasury to release impact study

29/08/2016 - 08:31
Cape Town - The National Treasury will publish a socio-economic impact study on its proposed tax on sugar-sweetened beverages. read more
Various practical realities may delay final implementation of sugar tax to 2018, says Deloitte

Various practical realities may delay final implementation of sugar tax to 2018, says Deloitte

25/08/2016 - 15:45
Johannesburg – 25 August 2016 – Adopting a sugar tax by April 2017 may be unattainable due to various practical realities, with a more realistic start date 2018, says Deloitte. read more
20% sugar tax on the cards for South Africa

20% sugar tax on the cards for South Africa

12/01/2016 - 08:21
The Democratic Alliance (DA) says that government’s plan to hike taxes on sugar-sweetened drinks by 20% will lead to an increase in food prices that will hit the poor. read more