#PODCAST: SALBA ask Finance Minister Tito Mboweni to consider an "inflation only" increase on alcohol excise taxes

SABC News and Current Affairs — By Newsbreak Prodcuer Hoosen Ebrahim - The South African Liquor Brand owners Association (SALBA) has called on Finance Minister Tito Mboweni to consider an "inflation only" increase on excise taxes for alcoholic beverages when he delivers his budget speech this Wednesday. Excise taxes are taxes paid when purchases are made on a specific good. They are often included in the price of the product. Spokesperson Sibani Mngadi explains the steps government should implement to ensure tax rates on alcohol do not increase above inflation each year...