Agroprocessing Master Plan News Today

To limit the impact of the energy crisis on food prices, government has decided to extend a diesel fuel levy refund to manufacturers of foodstuffs for a period of two years, effective from April 1, 2023, to March 31, 2025. This, alongside an announcement of no increase in the general fuel levy, was announced during the National Budget speech for the 2023/24 financial year, which was delivered by Finance Minister Enoch Godongwana on February 22.

A just transition must address the adaptation challenges of African countries while also moving food systems onto a sustainable footing with lower emissions. These changes all work through market mechanisms.

While near-term growth prospects support the sector, unlocking the full growth potential over the long run will require policy interventions