The ban on alcohol leaves industry players crying foul
Twitter: @palesa_chidi The liquor industry was one of the most dominant and resilient industries in South Africa, but it was badly affected by the Covid-19 pandemic. They had to deal with the ever-changing levels of the lockdown and restrictions. This has caused loss of revenue, job losses and liquor traders to close down and lose business. So far, the industry has suffered four alcohol bans as part of the lockdown restrictions. The alcohol ban has affected negatively even on the country’s economy as it is one of the industries that make a lot of money. In a statement released by SALBA, CEO, Kurt Moore explained the impact that the bans had on the economy. https://salba.co.za/salba-welcomes-partial-lifting-of-alcohol-ban/ “These bans are harmful to both government and business revenue and they are serious threat to jobs. 248,759 jobs are still at risk across the industry – about 1.59% of the national total of formal and informal employment for 2020. In addition, the alcohol...