Alcohol, tobacco industries shocked as prices hiked on booze, cigarettes During his 2021 Budget speech on Wednesday, Finance Minister Tito Mboweni announced that drinkers and smokers will be paying 8% more. FILE: The South African Liqour Brand Owner s Association said kicking the industry while it s down on its knees would result in more jobs being shed. Picture: EWN
32 days ago
JOHANNESBURG – The alcohol and tobacco industries were not pleased with Finance Minister Tito Mboweni s Budget speech, reacting with shock as they were expecting some relief after the impact of numerous sale bans.
Drinkers and smokers will be paying 8% more for their choice of drink and tobacco product.