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Zimbabwe's Sugar Tax Generates US$30.8 Million In Revenue

3 months agoSat, 14 Dec 2024 05:10:39 GMT
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Zimbabwe's Sugar Tax Generates US$30.8 Million In Revenue

The Zimbabwean government says it has raised US$30.8 million from a special surtax on sugar content in beverages since its introduction earlier this year.

This surtax is intended to fund the procurement of cancer treatment equipment.

George Guvamatanga, the Permanent Secretary for the Ministry of Finance, Economic Development and Investment Promotion, revealed this in a letter to the Zimbabwe Association of Doctors for Human Rights (ZADHR) on December 13, 2024.

ZADHR had requested details about the sugar tax collection and its use.

The sugar tax was introduced on February 9, 2024, under the Customs and Excise (Tariff) (Amendment) Notice, 2024.

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ZADHR also asked for information on the specific cancer drugs and equipment procured and the hospitals they were distributed to.

Guvamatanga said that procurement of medical supplies falls under the Ministry of Health and Child Care and referred ZADHR to that ministry for further information.

The government introduced the sugar levy to discourage high sugar consumption, which is linked to certain cancers.

Finance Minister Mthuli Ncube justified the introduction of the sugar tax as a response to growing concerns about the adverse effects of the consumption of sugar.

He said the funds generated from the levy would be ring-fenced for therapy and procurement of cancer equipment.

More: Pindula News

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10 Comments

trymore · 3 months ago
how much has gold diamond platinum lithium and other stuff contributed. we will never know coz those are privately owned national resources
Dj Tech · 3 months ago
Ibai henyu munozongofira kuIndia chete 😂
hoy · 3 months ago
30millg bout to disappear thats for sure
Kuredzamuswe · 3 months ago
Delta beverages contributed nearly 20 million dollars alone tikazoisa Schweppes, Varun and dairiboard which are big companies before icluding other small players that figure is too little. mari yakatotinywa
aha ok · 3 months ago
so how many new double cabs and mercs did you buy for your enablers , using these public funds?
Muganisto · 3 months ago
Sugar Tax should be used to buy drugs for hospitals not only to cancer patients
zelensky · 3 months ago
which hospitals benefited
Citizen · 3 months ago
Money raised for Zanu pf Congresses and Galas. It adds nothing to the economy.
cde che guveira · 3 months ago
mari yakapiwa kuna chivhayo for tender to supply machines and medication and he supplied nothing as usual. Rambai makashinga nekubirwa

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