South Africa proposes 20 percent tax for soft drinks
JOHANNESBURG, July 8 (Reuters) - South Africa's Treasury is proposing a 20 percent tax on sugar-sweetened beverages in a bid to curb consumption of such products and reduce obesity, it said on Friday.
Finance Minister Pravin Gordhan said in February that the government was proposing a new sugar tax from April of 2017. (Reporting by Ed Stoddard; Editing by James Macharia)