Corona kills Heineken SA production, halts R6bn expansion plans via TheCitizen_News alcoholban
In the wake of the coronavirus pandemic, the re-introduced ban on alcohol sales and the collapse of the restaurant and bar trade, Heineken South Africa has been forced to shut down production entirely.
The company said with no end date in sight for the ban on alcohol sales, executive salaries had been cut by 20% from May to December and no bonuses would be paid.It said while it supported the re-introduction of a night time curfew, “we do not believe that the suspension of alcohol and beer sales will contribute to such an end.
The council said that the taverns were essential to the township economy and that it is estimated by the department of trade, industry and competition to be worth between R40 billion and R60 billion annually.
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