A man celebrates after buying liquor in Nyanga, Cape Town. Picture: ESA ALEXANDER
SA’s liquor industry has warned of a potential collapse after violent protests in Gauteng and KwaZulu-Natal, which, along with damaging stores, has also put large stocks of looted liquor onto a black market already estimated to be worth more than R20bn. Boone said he had spent the early part of this week visiting damaged stores in Gauteng and KwaZulu-Natal, with the group now expecting to reopen 58 of its 136 looted or damaged stores by the end of the week, having estimated 32 previously.
Pick n Pay has said 76, or 15%, of its liquor stores have been damaged, while the Beer Association of SA said on Wednesday that 171 outlets and distribution centres had been hit.the Liquor Traders Association of SA and wine industry group Vinpro, had written to trade, industry & competition minister Ebrahim Patel requesting an urgent meeting to discuss the devastating effects of the ban.
Illegal liquor industry is already at R20 Billion? Factor in humongous government “sin taxes” and illegal black market liquor will continue to explode.
What do the ANC care about those who lose their jobs, all they good for is making a noise beating empty drums.
The prospects of a collapsed industry other than booze won’t move our politicians! It won’t even get them out of their mid morning slumber…
Now that his handlers have spoken he will surely allow us to buy alcohol. 🍻🍻🍻
They lying and we all know it
Pick n Pay and me both call for an end to the liquor ban!