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...

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