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The South African Breweries is calling on National Treasury to permanently link annual alcohol excise tax increases to inflation, saying a predictable framework would provide certainty for businesses, protect investment and support jobs across the beer value chain.
The South African Breweries is calling on National Treasury to permanently link annual alcohol excise tax increases to inflation, saying a predictable framework would provide certainty for businesses, protect investment and support jobs across the beer value chain. The brewer's submission forms part of National Treasury's consultation on South Africa's future alcohol excise policy framework, which will determine how alcohol taxes are calculated in the years ahead.
Guest: Fatsani Banda, SAB Manager: Excise and Public Policy
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