High excise taxes on alcohol could backfire

Loading player...
National Liquor Traders weigh in on potential pitfalls if large excise taxes are to be levied against the alcohol industry. Are luxury goods stocks still worth investing in? And why an expert says a fundamental shift beyond simply hiking Vat is needed to address budget shortfalls.
11 Mar 2025 6AM English South Africa Business News · Politics

Other recent episodes

Election heat exposes municipal governance collapse

SAPS in freefall as top cop is dumped and corruption crisis explodes. Great return begins as South Africans flood back and Gauteng surges again. And forestry emerges as key driver of jobs and rural growth.
24 Apr 6AM 32 min

[TOP STORY] Can SA finally deliver a credible rail recovery?

‘We see that there are very good possibilities to get the best out of both worlds. We can bring in our expertise from the private sector, and we can also use the expertise from a government perspective,’ says Florian Kellenberger, CEO of Siemens Mobility South Africa.
23 Apr 8AM 7 min