Alcohol ban will lead to ‘disaster’ for liquor industry and lift job losses

The alcohol industry has jointly warned of a “disaster” including job and tax losses from the immediate ban of alcohol sales.

On Sunday night, President Cyril Ramaphosa announced a sudden ban on alcohol trade, to reduce binge drinking and free up hospitals beds used by patients injured by drunk drivers or interpersonal, alcohol-fuelled violence.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

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Alcohol ban will lead to ‘disaster’ for liquor industry and lift job lossesPresident Cyril Ramaphosa announced a ban on alcohol sales on Sunday citing a need to reduce pressure on SA’s hospitals
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Alcohol sale ban: Liquor industry warns of dire consequencesWhile some political parties agreed with President Cyril Ramophosa's decision, the liquor industry has lamented the impact on employment. AlcoholHasFallen
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Liquor bosses see disaster for industry and more job losses due to banIndustry warns of billions in lost tax revenue as illicit sales become further entrenched
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Industry had no warning on new alcohol ban, R18bn already down the drainSA's alcohol industry has expressed its disappointment with the government's decision to reinstate the alcohol ban.
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