Kaya 959 Kaya Biz

For every beer bought, 25% of the final price is excise taxes paid into the fiscus

Loading player...
GUEST – Fatsani Banda, The Excise Tax & Public Policy Manager at SAB

SAB reiterates calls for revised approach to excessive beer excise tax increases
Government is disproportionately reliant on the beer-making industry for excise duties, which accounted for 34.7% of total excise revenues in the 2023/24 financial year, JSE-listed beer maker South African Breweries (SAB) has said.
Over the past few years, the company has made repeated appeals to the government to reconsider its approach to beer taxation policies.
17 Sep 2024 12PM English South Africa Business News · Investing

Other recent episodes

South Africa’s Top Career Opportunities for 2025

GUEST -Paul Byrne, Head of Data Insights & Customer Success at Pnet As we close the chapter on 2024, it’s clear that South Africa’s job market is undergoing dynamic changes. The latest Pnet Job Market Trends Report gives us an in-depth look at hiring activity, sector-specific demand, and regional recruitment…
14 Jan 1PM 22 min

Retailers must price fresh produce per 100g – Comp Commission.

GUEST – Ruan Mare - Technical director at the Competition Commission. South African retailers must use standardized pricing for fruit and vegetables and price per 100 grams to enable consumers to easily compare prices across different stores. This is a result of a Competition Commission investigation into the fresh produce…
14 Jan 1PM 14 min

ALLAN GRAY– How to invest offshore to finance international education

GUEST – Shaheed Mohamed - Head of Group Savings and Investments at Allan Gray. A good education is one of the greatest gifts a parent can give their children. However, making this dream a reality requires a proactive approach to financial planning, particularly when considering an international education and dealing…
14 Jan 1PM 11 min

Back-to-School Blues: 95% of Parents Stressed, 88% Financially Strained – 1Life Survey

GUEST – Hayley Parry, Money Coach and facilitator at 1Life’s Truth About Money The 2nd annual Back-to-School survey conducted by 1Life Insurance has shed light on the significant challenges parents face during the back-to-school season, revealing a stressful and financially draining period for families across South Africa. The survey found…
14 Jan 1PM 11 min

Ethiopia launches stock exchange in fresh step to liberalise economy.

GUEST – Siya Biniza – Executive Director - Political Economy Southern Africa Ethiopia launched a securities exchange on Friday, in what officials touted as a milestone in Prime Minister Abiy Ahmed's drive to open up the country's tightly controlled economy to private investment. Just one company, Wegagen Bank, was initially…
14 Jan 1PM 11 min
All episodes