EDITORIAL: Minimum unit pricing for alcohol is a loaded gun
22 November 2024 - 05:00
The Treasury is betting on minimum unit pricing (https://www.businesslive.co.za/bd/companies/industrials/2024-11-14-treasury-mulls-over-rules-to-limit-hazardous-use-of-alcohol/) to curb the binge-drinking hordes and save us from ourselves.
The idea is simple: set the floor price for alcohol to make it less affordable, especially for heavy drinkers. On paper, it sounds like a sure-fire win-win. But if history has taught us anything, it is that when powers that be meddle with prices, the plot thickens in unexpected ways...
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