Head Topics

Liquor ban breeds cynicism and division, says Pick n Pay chair Ackerman

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

South Africa Headlines News

Little sign of the government listening to and consulting business on lockdown decisions

Pick n Pay chair Gareth Ackerman has criticised the government for its ban on liquor and cigarettes saying that there is little evidence that it is listening to or consulting business on lockdown decisions.

The ban was implemented at end-March among measures to curb the spread of the coronavirus. Liquor sales were allowed in June, but then stopped again three weeks ago, sparking a mounting backlash against the second liquor ban. On Tuesday, the Treasury gave the liquor industry permission to delay paying R5bn owed in taxes.

 

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:

 /  🏆 12. in ZA

South Africa Latest News, South Africa Headlines

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

Investors irked after questions about Pick n Pay executive pay not answered adequatelyShareholder activist says virtual AGMs tend to be one-sided, and that Pick n Pay is taking advantage of the situation
Source: BDliveSA - 🏆 12. / 63 Read more »

Treasury allows liquor industry to pay excise duties of R5.1bn after 90 daysThe liquor industry has welcomed the National Treasury's decision to grant them permission to pay excise tax due on alcoholic beverages of R5.1 billion after 90 days while waiting for the government to lift the ban on the sale of alcohol. alcoholban
Source: IOL - 🏆 46. / 51 Read more »

Over 1,400 Pick n Pay workers take severance packagesPick n Pay says government’s decision to ban the sale of alcohol and tobacco has also been detrimental to the business.
Source: eNCA - 🏆 49. / 51 Read more »

Pick n Pay expects first-half profits to halveCovid-19 trading restrictions and increased staff costs weigh on the supermarket group
Source: BDliveSA - 🏆 12. / 63 Read more »

Pick n Pay warns of 50% earnings drop due to booze and cigarette banSouth African supermarket chain Pick n Pay flagged a more than 50% fall in first-half earnings on Tuesday, weighed down by constraints on alcohol, tobacco and clothing sales during the lockdown, and by voluntary severance payments.
Source: SundayTimesZA - 🏆 47. / 51 Read more »

Pick n Pay warns of 50% earnings drop due to booze and cigarette banSouth African supermarket chain Pick n Pay flagged a more than 50% fall in first-half earnings on Tuesday, weighed down by constraints on alcohol, tobacco and clothing sales during the lockdown, and by voluntary severance payments.
Source: TimesLIVE - 🏆 28. / 59 Read more »