SAB chief executive Richard Rivett-Carnac said the industry needed strong policy certainty about excise tax. (File photo)
South Africa’s beer industry is calling for an excise tax that is in line with inflation or lower, with major producer South African Breweries (SAB) saying the current tax of 25% is excessive and could lead to the destruction of the beer industry.
A recent report commissioned by SAB and undertaken by Oxford Economics Africa found that existing excise duties on…
