- Cost of pesticides will rise in new fiscal year under Treasury proposals
- Treasury proposes removing agricultural pest control products from zero-rated list and putting them on VAT exempt list
- Sellers of pesticides will no longer claim input VAT, increasing cost of products
- Farmers will pay more for pesticides, essential for increasing crop yields
- Various types of pesticides regulated by Pests Control Products Board
- Despite government pledge to address farming input prices, proposal to increase pesticide costs
- Fertiliser subsidy programme has helped lower prices but has faced scrutiny for distributing substandard fertiliser
Source: businessdailyafrica.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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