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Pakistan’s underlying economic context incentivises illicit trade. It’s not much different in South Africa.
Finance minister Enoch Godongwana increased excise duties on alcohol and tobacco products by between 4.5% and 6.5%.
Aims to help combat drinking and driving/walking during the holiday period.
New research highlights major flaws in South Africa’s lockdown alcohol bans Subscribe The liquor industry says that the South African government will have to change its approach and consider new data before choosing to implement future alcohol bans. In a statement on Thursday (8 April) the South African Liquor Brand owners Association (Salba) cited a new report which showed that, while trauma cases in South Africa declined during lockdown, the difference was minimal compared to countries that did not introduce a ban on alcohol. The report was led by independent data expert Ian McGorian of S...
Liquor industry may have to cut more jobs after 8% hike on excise tax: Salba CEO 25 February 2021 11:31 AM Share This: South Africa's alcohol industry says more jobs are on the line after the Finance Minister announced an 8% increase in excise tax on booze. On Thursday, Finance Minister Tito Mboweni announced that there would be an 8% tax increase on alcohol during his 2021 Budget Speech. Kurt Moore, CEO of the South African liquor Brand owners Association (Salba), says the tax increase means that more industry jobs are at risk. Earlier this month, the liquor industry reported that it had los...