SAB withdraws booze ban case against govt | Fin24

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SAB withdraws booze ban case against govt | Fin24
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South African Breweries has withdrawn its litigation against government over the alcohol sales ban under lockdown, more than a year after it first took legal action. | Fin24

South African Breweries has withdrawn its litigation against government over the alcohol sales ban under lockdown, more than a year after it first took legal action.

But the country's liquor industry pushed back, saying the sales bans were unnecessary and curfews were a better option. The beer producer, which also put capital investments worth R5 billion on holds at the height of the bans in 2021, said it lost billions to the bans.

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