SA’s alcohol ban will create the mother of economic hangovers
Those with a puritanical mindset often ignore the developmental impact of the township liquor industry
SA’s third Covid-19 alcohol ban was lifted this month, but the economic hangover will be felt for years, with lost tax revenue, job losses and a rise in illicit alcohol sales.
The sale of alcohol was illegal in the country for a total of 154 days after the first hard lockdown was imposed on March 27 2020, yet there is no sign that the government has any intention of reaching beyond crude prohibition and searching for less damaging policy instruments...
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