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.
Recipe for disaster! I see more looting
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Government will lift the ban a week after the collapse.... They seem to be a bit slow on picking up on crisis, if last week is anything to go by. Maybe they see it as the opportunity to swoop in and take it over. Not.
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Now that Cyril has seen what can happen. It's unlikely that he will prolong the Lockdown.
The funders have spoken...expect an announcement soon
I refuse to purchase looted liquor - and I don't get drunk and drive or beat my wife senseless so please lift the ban.
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Pick n Pay calls for end to liquor ban as industry warns of collapseMany independent traders will not survive a prolonged ban, having recently been dealt a blow from social unrest, says Pick n Pay CEO Pieter Boone Pick n Pay and me both call for an end to the liquor ban! They lying and we all know it Now that his handlers have spoken he will surely allow us to buy alcohol. 🍻🍻🍻
Source: BDliveSA - 🏆 12. / 63 Read more »