South Africa: excise duties on alcohol to increase by 8%

During the presentation of South Africa’s budget for 2021, the Finance Minister announced that the government will increase excise duties on alcohol beverages and tobacco products by eight percent.

The Western Cape premier has also reportedly expressed his intention to amend the Western Cape Liquor Act by increasing the price of alcohol beverages. A formal submission of amendments may be made to the Western Cape cabinet in late March 2021.