Booze ban: Thousands face economic ruin, says Taverners' leader Lucky Ntimane

Loading player...
The government places the blame on alcohol for violence-related hospitalisations that are clogging up hospital beds. But there is a school of thought that there is something other than Covid-19 containment and treatment concerns behind the ANC decision to prohibit the sale and distribution of alcohol yet allow people to travel cheek-by-jowl in taxis. In this interview with BizNews founder Alec Hogg, Lucky Ntimane – who represents about 35,000 tavern owners – says the decision to suddenly shut drinking holes is going to cause enormous financial difficulty to an estimated 1m people. – Editor Learn more about your ad choices. Visit megaphone.fm/adchoices
13 Jul 2020 9AM English South Africa Investing · Business News

Other recent episodes

BN Briefing: US Ambassador Bozell's BNC#8 warning; Yardeni's $6,000 Gold call; Sean Peche's wealth-building wisdom

Tonight’s BizNews Briefing opens with new US Ambassador Brent Bozell’s candid message from BNC#8, urging reciprocity and warning that policy uncertainty and geopolitical alignment choices shape investor confidence. We then run through a results-heavy market update led by Harmony, Rainbow Chicken and OUTsurance. Bloomberg follows with Ed Yardeni’s bullish gold…
11 Mar 7AM 10 min