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Africa Business News of Friday, 10 January 2020

Source: bbc.com

SA finance minister calls for cannabis to be legalised

Cyril Ramophosa - South Africa prez Cyril Ramophosa - South Africa prez

South African Finance Minister Tito Mboweni has called for the legalisation of the cannabis trade in order to collect more tax revenue.

In 2019 South Africa's Constitutional Court decriminalised the private possession, use and cultivation of cannabis.

Selling cannabis at any scale remains illegal.

He made the announcement on Twitter that he would put the idea to cabinet: