JOHANNESBURG - The beer industry is pleading for sober minds ahead of the 2024 budget speech.
It says sin taxes should be canned within the inflation range.
The Beer Association of SA says higher sin taxes could put jobs on the line.
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Fatsani Banda, SAB excise tax and public policy manager, said they have faced many issues, including load-shedding, rising global input costs as well as cash-strapped consumers.
"This has created large economic uncertainties but we don't think excise taxes should be uncertain," she said.
"Given the guidelines set in the excise policy, we are looking forward to planning this year with 4.9 percent as the projected inflation."
Concerns brew over sin, excise tax hikes part 2
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