Alcohol, tobacco industries slam new âpunishingâ taxes Siyanda Ndlovu
File picture. Shoppers purchase alcohol at Makro in Crown Mines, Johannesburg, on 18 August 2020. Picture: Tracy Lee Stark The industries are already on their knees due to the impact of the alcohol and tobacco sales bans.
The South African alcohol and tobacco industry has slammed the 8% increase in excise tax, announced by Finance Minister, Tito Mboweni during Wednesday’s 2021 Budget Speech, saying it will further strain the both industries and drive people towards the illicit market.
South African liquor Brandowners Association (SALBA) CEO Kurt Moore emphasised that tax adjustments did not take into consideration a significant increase in the size and efficiency of the illicit mark
Liquor traders request meeting with President Ramaphosa over booze ban
By Sisonke Mlamla
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Cape Town - The Presidency has confirmed that it has received a request from the liquor traders, to discuss the impact of the alcohol sale ban on the industry with President Cyril Ramaphosa.
Liquor Trader Formations convener Lucky Ntimane called on Ramaphosa to allow for the resumption of alcohol sales with immediate effect, primarily off-consumption (takeaways), and support for taverns and shebeen permit holders by means of financial assistance to the value of R20 000 per outlet, and a moratorium on liquor licence fees payable for a period not less than a year.