Alcohol vendors lose ‘hundreds of millions of rand’ to looting, says liquor industry

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Looting of alcohol is pushing already hard-hit businesses further into crisis, liquor traders said in a joint statement on Monday afternoon.

Looting of alcohol is pushing already hard-hit businesses further into crisis, liquor traders said in a joint statement on Monday afternoon as they pleaded with President Cyril Ramphosa to lift the ongoing booze ban.

Sean Robinson, LTASA chairperson, said: “Liquor stores have definitely been targeted by looters and many of our members, who are already experiencing crippling damage to cash flow as a result of the ban, have lost their entire stores’ stock running into hundreds of millions of rand. “The last 14-day ban put more than 4,600 jobs at risk. More than 233,500 jobs are now on the line due to the prohibition measures. Their livelihoods are smashed, and the township economy, where much of the looting has occurred, has been shattered,” he said.

 

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I think liquor traders think they are more important than any franchises....mxm

Democracy

Ramaphosa is to be blamed for all this nonsensical behaviour, this war is far from over..

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