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Global Visionary Award for ‘Disruptive’ SA Food Processing Technology

South African biotechnology and IP Company Green Cell Technologies® (GCT®), has been internationally acknowledged for its revolutionary technology, receiving the Frost & Sullivan Visionary Innovation Leadership Award – Food Processing, for its work in food security.  The Award is recognition of the exceptional advances GCT® has made with its Disruptor™ technology in enhancing food production for the modern world.

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Sugar tax will reduce GDP by R14bn

The Beverages Association of South Africa (BevSA) warned today that the proposed discriminatory tax on sugar sweetened beverages (SSBs) has the potential to reduce the industry’s contribution to South Africa’s Gross Domestic Product (GDP) by R14bn. This is the equivalent of 0,4% points of GDP growth in 2016.  The Association announced the release of its formal response to National Treasury’s policy paper on this topic.

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