ABOVE-INFLATION EXCISE DUTY HIKES ON LIQUOR SQUEEZE JOB CREATION, WARNS BASA
The Minister of Finance’s decision to proceed with an above-inflation excise increase on beer in Budget 3.0 is intensifying pressure on beer producers and is likely to further encourage the illicit alcohol trade, warns the Beer Association of South Africa (BASA). South Africa’s beer producers continue to face escalating input costs, weakening consumer demand, and…

