31 Jul 2020 SA’s liquor losses make for a very sobering situation

SA’s liquor losses make for a very sobering situation
South Africa’s entry into an era of liquor prohibition saw a loss of R20bn in alcohol sales, equating to R304m per day, during the first nine weeks of lockdown. With a second embargo now in place, the country will lose a further R10bn for every month the ban continues. This data emanated from a recent