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2 days ago · South Africa’s beer industry is calling for an excise tax that is in line with inflation or lower, with major producer South African Breweries (SAB) saying the current tax of 25% is excessive ...
1 day ago · The continuous rise in excise taxes, outpacing inflation annually for the past decade, undermines the industry's critical role in job creation and economic growth in South Africa. Amidst the above-inflation “sin tax” increases announced in the 2024 budget, the Treasury aims to collect a substantial R15 billion in the forthcoming fiscal year.
5 days ago · The Umhlanga Craft Beer Festival is a beachside celebration of South African craft beer culture. Featuring a great selection of local breweries, live music and gourmet food stalls, this festival is a relaxed coastal event that attracts both locals and tourists. It’s a great day out for those looking to enjoy beer and music by the sea.
2 days ago · The South African Breweries (SAB) is a subsidiary of AB InBev. Founded in 1895, SAB is South Africa’s top brewer and leading distributor of beer. For more than 120 years SAB has been an integral thread in the social fabric of our country and continues to play a crucial role in the national economy.
13 hours ago · SA Breweries warns that inflated tax threatens jobs, local growth: . South Africa’s beer industry is calling for an excise tax that is in line with inflation or lower, with major producer South African Breweries (SAB) saying the current tax of 25% is excessive and could lead to the destruction of the beer industry.
1 day ago · While the Reserve Bank has done well to bring inflation down below 4.5% for the country, coffee prices have been immune to those overtures. Instant Coffee experienced the largest consumer price increase YoY of any food or beverage item in August 2024 at 22.3%, higher than eggs, the only other item that had higher than 20% inflation.
4 days ago · We are driven by our passion to demonstrate the unique power of beer to propel South Africa forward. Since our inception over a century ago, SAB has grown to become South Africa’s largest brewer, a powerful economic contributor, a leader in sustainability, and a champion of responsible consumption.
