Skip to main content

SA now has an olive oil levy - here's what you need to know

| Supplier news

On Friday (20/11/2020), government gazetted regulations that impose new requirements on olive and olive oil suppliers in South Africa, including the introduction of a new levy.

The new levy - imposed on producers, processors and importers - will be 8c/kg on all table olives and 40c/litre on all olive oil, and must be paid by producers, processors and importers when they first sell their product.

 

The money will go directly to industry association SA Olive, which will use it to fund research projects, quality control and certification, consumer education and other functions.

Starting immediately, all producers, growers, processors, packers and importers of olive products must register with SA Olive.

They will be required to provide the organisation with information including the volume of oil they are providing and the number of olive trees. “No records or returns will be required in terms of this measure which could be regarded as confidential or of a marketing nature. Specifically, no information which reflects amongst others contracting parties, buyers of olive products, cost of services, price of products or similar information will be required,” the regulations read.

Government says that the sharing of information will help the “efficiency” of the production and marketing of table olives and olive oil. “The viability of the olive industry will thus be enhanced.”

The local industry is having a record year, and produced 30% more olive oil in 2020 than in 2019, according to SA Olive.

 

Pin It

Related Articles

Eskort, South Africa’s beloved pork brand, is turning 107 this year! As the leading antibiotic-free pork producer in the country, we’re marking this incredible milestone with a series of celebratory stunts that truly embody our legacy of quality, ...
From £160m boost for UK poultry industry as exports to South Africa restart - GOV.UK (www.gov.uk)
Checkers is the first South African retailer to launch standalone bubble tea shops in its supermarkets following a partnership with Susu. 
By: Sinenhlanhla Masilela - IOL The Consumer Commission (NCC) said that it will be conducting an independent investigation into the recalled Checkers Deli Hummus products following a detection of Listeria Monocytogenes,a foodborne bacteria.
The Spar Group has suspended of the Namibian-produced Top Score vanilla-flavoured instant maize porridge.