The South African Breweries (SAB) 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 SAs future alcohol excise policy framework, which will determine how alcohol taxes are calculated in the years ahead. Treasury has been holding consultations with industry players, civil society groups and other stakeholders on the future of alcohol excise policy.
To explain to us more on SAB's submission, Thami Ngubeni spoke to Fatsani Banda, SAB Manager: Excise and Public Policy.

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