Alcohol ban will lead to ‘disaster’ for liquor industry and lift job losses

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South Africa Headlines News

President Cyril Ramaphosa announced a ban on alcohol sales on Sunday citing a need to reduce pressure on SA’s hospitals

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.

 

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 /  🏆 12. in ZA

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