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Tag: BevSA

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...

“Poor will bear brunt of proposed sugar tax”

According to the IOL, Finance Minister Pravin Gordhan’s plan of introducing a sugar tax on sugar-sweetened beverages is likely to hurt the poor the most. Mapule Ncwana, the Beverage Association...

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Western Cape remains an attractive destination for foreign direct investment

Global foreign direct investment (FDI) flows recovered to US$1.58 trillion in 2021, up from US$963 billion recorded in 2020 and higher than pre-pandemic...

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