SA's current excise duties on beer may do more harm than good

First Take SA

The South African Institute of Taxation says the country's current excise duties on beer may ultimately do more harm than good. The Institute's CEO Keith Engel's concerns center on the disproportionate burden placed on consumers, particularly those with lower incomes, as well as the potential risk of reduced government revenue. A recent report by Oxford Economics Africa, commissioned by South African Breweries, reveals that the current excise duties on beer exceed the thresholds set by South Africa's own excise policy. For the latest, Elvis Presslin spoke to Mr. Engel