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BDLive reports that the Beverage Association of SA (BevSA) has warned that up to 70,000 jobs in the industry could be lost if the Treasury’s mooted tax on sugar-sweetened drinks were to be implemented in its current form.
The findings are based on an independent study conducted by Oxford Economics and commissioned by the association. The study found the proposed tax would result in 60,000-70,000 workers losing their jobs. About 60% of the jobs lost would be direct, upstream jobs. On Tuesday, Coca-Cola Beverages Africa called on stakeholders to assist the industry in opposing the proposed tax to save jobs. The Food and Allied Workers Union (Fawu) said it would have a problem with the proposed tax if it resulted in the volume of job losses the industry predicted. The deadline for public comments on the policy paper is 22 August.
- Read this report by Fifi Peters in full at BDLive
- See too, Sugar tax to cost SA 60 000 jobs, warns Coca-Cola, at Fin24
Get other news reports at the SA Labour News home page