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24 October 2024

SA Breweries warns that inflated tax threatens jobs, local growth

South Africa | The beer industry is calling for an excise tax that is in line with inflation or lower. The country’s market leader, South African Breweries (SAB), which is owned by AB-InBev, said the current tax of 25 percent of the weighted average retail price is excessive and could lead to the destruction of the beer industry.

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