Distell takes aim at state’s treatment of alcohol industry

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Malaysia News News

Distell says the recent looting lifted the availability of liquor on the black market, while licensed small businesses were robbed of making future sales

SA’s largest alcohol producer, Distell, used its financial trading update to criticise the government’s alcohol bans, saying it had repeatedly warned that prohibition encouraged theft. It estimated that 332 of its customers’ facilities had been looted in the recent unrest.

The customers, ransacked during the wide-scale violence that gripped KwaZulu-Natal, included taverns, smaller distributors and bottle stores...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Sun City Resort to open first hospitality industry vaccination siteThe resort aims to vaccinate 7 500 people in three phases. vaccine covid19 lockdown level4 To what end? No guarantees
Source: IOL - 🏆 46. / 51 Read more »

DTI says it is difficult to respond to liquor industry due to ongoing litigationThe Department of Trade and Industry says it would be difficult to sit down with stakeholders in the alcohol industry due to pending litigation advanced by SA Breweries and VINPRO over the sale of booze. So many bitcon traders on Twitter are trickster Lindastouff thank you for opening my eyes to their ways now I’m pretty sure I’ll be able to help others Unathi_Kwaza And government is foolish to shut it down, we need the taxes they pay to state , guess government hasn't realised we are broke. After the massing crowds looting Covid is spread so far and wide the opening of bottle stores will make no difference. So the industry must just sit back and do nothing and accept everything that comes their way?
Source: IOL - 🏆 46. / 51 Read more »