Western Cape community safety MEC Albert Fritz revealed this week that the fines were issued between March 27 and September 25.
Consumers of alcohol and tobacco products will pay 8% more in excise duties.
South Africans have been spared increases on their direct taxes, but they will have to fork out more money for alcohol and tobacco products.
Loss of alcohol sales on weekends has “enormous and far-reaching implications”, according to Pick n Pay co-chair Gareth Ackerman in an opinion piece for Business Day.
Alcohol associations in SA said the country’s wine industry ‘faces a grim picture of business closures, job losses, downward price pressure and structural damage to subsectors’.
Reprinted from Fin24, by Penelope Mashego – 2021-01-12
South Africa’s alcohol industry has asked for another deferment of its excise tax payment until the latest sales alcohol ban is lifted.