SA’s biggest beer maker, South African Breweries (SAB), has made an open appeal to the Treasury not to increase excise taxes in the forthcoming budget announcement, citing a need for the industry to recover from Covid-19, which resulted in three sales bans.

SAB was among a spate of companies that in 2020 either delayed or cancelled billions of rand in investment, citing uncertainty caused by the government’s ban on the sale of alcohol...

BL Premium

This article is reserved for our subscribers.

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 Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now