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.

South Africa South Africa Latest News, South Africa South Africa Headlines

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

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.
Source: TheCitizen_News - 🏆 6. / 75 Read more »

Alcohol industry queries ban chosen over plan to curb problem drinkingThe government's ban on the sale of alcohol during the lockdown was reinstated without warning on Sunday night, and without considering the industry's attempts to address behavioural changes around problem drinking.
Source: SowetanLIVE - 🏆 13. / 63 Read more »

Alcohol industry queries ban chosen over plan to curb problem drinkingThe government's ban on the sale of alcohol during the lockdown was reinstated without warning on Sunday night, and without considering the industry's attempts to address behavioural changes around problem drinking.
Source: TimesLIVE - 🏆 28. / 59 Read more »

Tobacco ban has cost SA R3.5bn in excise taxes, companies tell RamaphosaFirms plead for lifting of cigarette sales ban, which they say has boosted illicit trade
Source: BDliveSA - 🏆 12. / 63 Read more »