Agriculture, land reform and rural development minister Thoko Didiza has announced the introduction of a new levy on olive suppliers in a bid to grow South Africa’s local olive industry.

In a gazette published on Friday (20 November), Didza said that the levy is needed by SA Olive to:
  • Fund research projects;
  • Technical information and technology transfer;
  • Quality control and certification;
  • Information and statistics;
  • Communication, consumer education and market development;
  • Transformation and training for the olive industry.
Didiza said that the amount of the levy shall be:
  • 8 cents/kg on all table olives; and
  • 40 cents/litre on all olive oil.
“The measure will not be detrimental to the number of employment opportunities or fair labour practice and will support the statutory measures relating to registration and the rendering of returns applicable to olive products,” Didiza said.

The minister said that the measure will be implemented and administered by SA Olive, a company established in terms of the Companies Act.

In a series of other gazette published alongside the new levy, Didiza also introduced additional registration, importation and processing rules.
Source: https://businesstech.co.za