AGRICULTURE NEWS - Increases in taxes affecting the agriculture sector were moderate, with several rebates put in place.
Eskom was given substantial debt relief of R254 billion over the next three years. Kulani Siweya, Agri SA’s chief economist, welcomed the relief, but warned that Eskom now needed to demonstrate how it would use this opportunity to position itself for future sustainability and profitability.
Theo Boshoff, CEO of Agbiz, lauded government for implementing a refund on the road accident fund levy for diesel used in the manufacturing process, such as for generators, from 1 April 2023 for two years to assist food producers amid rising input costs.
Read the full article here on the Caxton Publication, Farmers Weekly