News Formal

SA alcohol industry provides nearly half a million jobs

  • 📰 TheCitizen_News
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 75%

South Africa News News

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

'This amount could finance 470,385 teacher positions or the construction of 131,621 affordable housing units.'

While South Africa is experiencing tough economic times, the Drinks Federation of South Africa has conducted research to figure out how the alcohol beverage industry contributes to the country’s economy.has revealed that the industry has supported 498,999 jobs.

“The alcohol industry generates R215,5 billion in household income, and positively influences the livelihoods of 1.15 million individuals in the country.” Dr Shamal Ramesar, head of research at DF-SA says the alcohol value chain therefore supports a range of industries, including agriculture, machinery and packaging, transport, retail, and finance.

 

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:

 /  🏆 6. in ZA

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.

DJ Cleo Complains About Influencers in DJing Industry Taking Their Jobs: 'It’s Just Sad'Media personality DJ Cleo has complained about influencers in the DJing industry taking their jobs. The media personality spoke about them getting more jobs.
Source: brieflyza - 🏆 10. / 68 Read more »