Customs increased the Duty rate on sugar on 24 March 2017. Duty on sugar now R6.43 per kg. Sugar is becoming a luxury item,,,,,,,,,,,,,,,,,,,,,,,
Source FTW. T he Southern African Development Community (SADC) is reportedly considering introducing tax on imports from outside the regional body, according to the Zimbabwean Minister of Finance and Economic Development, Patrick Chinamasa. He was quoted by the state-owned newspaper, The Herald, as saying that revenue from this could be used to fund the trade bloc’s developmental goals. He added that though it was commendable that the regional bloc could now fund 54% of its budget requirements; more fundraising mechanisms are needed to attain financial self-sufficiency.
This meaning that sugar prices will increase by more than R7.00 per kgs. Super Spar Special on Sugar Currently 5Kgs at R69.99, Basically next special on 5kgs will be over R100.00.
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