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Innscor seeks sugar tax reform

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INNSCOR Africa (Innscor) says authorities should extend the sugar tax to imported beverages, arguing that the current framework places local manufacturers at a competitive disadvantage and distorts fair market competition. The group, through its beverage-making unit, Prodairy, has seen its margins adversely impacted by the sugar surcharge introduced in January 2024 amid stiffer competition from…

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