Industry warns against another alcohol ban and more restrictions in South Africa

Published 2021년 11월 5일

Tridge summary

The South African wine industry, represented by Vinpro, is opposing further alcohol restrictions, warning they have led to a harmful illicit market and significant harm to legitimate businesses. The industry has already suffered greatly due to the Covid-19 pandemic, leading to the loss of 28,000 jobs. Vinpro is urging for enhanced enforcement of existing laws against the illicit alcohol trade and is seeking financial support to recover and rebuild.

The Beer Association of South Africa (BASA) shares similar concerns, fearing the possibility of additional alcohol bans that could further damage the beer industry and threaten jobs. Since the start of the pandemic, the beer industry has already lost 161 days of trade, putting 240,000 jobs at risk, and causing a significant loss in tax and excise revenue. Both organizations are advocating for government support and policy certainty to navigate the challenges faced by the alcohol industry.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The South African wine industry (Vinpro) has warned against further alcohol restrictions, which it says have given rise to a major illicit market and caused significant damage to legitimate businesses. Because this illicit market is outside the government’s regulatory reach and operates uncontrolled, it leads to devastating consequences from a health and economic perspective, the group said. “The liquor industry is already heavily regulated. We urge the government to stop these crisis-driven Covid-19 related prohibitions on wine which have promoted the development of parallel illicit markets, plunging our industry into a financial abyss and reducing much-needed government revenue,” Vinpro said. “We want the government to combat illicit alcohol trade and create fair and open competition in the domestic market by enforcing the laws that already exist.” Vinpro said that the wine industry had suffered irreparable damage through the Covid-19 pandemic – from a large number of small and ...
Source: Businesstech

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