‘Unpredictable excise taxes’ burden SA beer industry, says SAB

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SAB says the inflated excise tax increases have had a negative impact on the beer industry.

The South African Breweries has raised concerns over unpredictable excise taxes that have negatively impacted the beer industry in the country.Double the Pain: The burden of unpredictable excise taxes and high inflation on beer in South Africa’.

He noted that in the past, the industry has seen inflated excise tax increases when compared with inflation. “That is contrary to the policy and really impacts the industry – an industry that is very important for the country, job creation and economic growth.”

 

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