UCT analysis finds South Africans got poorer as alcohol consumption grew
Aggregate consumption of tax-paid alcohol in South Africa increased by 24.2% between 2017 and 2024, according to a University of Cape Town analysis released in August 2026. The figures challenge industry claims about a surging illicit market as the National Treasury considers higher excise taxes on alcoholic beverages. South Africans became poorer between 2017 and … Read more