Tax rebates fail to entice corporate sector
Friday, October 26, 2018
Speaking at the Mascom Top 8 launch this week, the BNSC chairperson Solly Reikeletseng said the BURS tax rebate has proven to be unhelpful to the sporting codes with the private sector continuing to shun the sports industry.
According to the Income Tax Act, Section 51 companies or individuals who make donations to sports clubs or associations are entitled to a tax rebate.
The Ministry of Agriculture, local producers, retailers, and industry associations must work together to overcome the obstacles hindering vegetable production and distribution.This collaborative approach is essential to improve the availability, quality, and affordability of vegetables in the market.Firstly, the Ministry of Agriculture should provide support and guidance to local farmers to enhance their productivity and efficiency. This could...