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Alcoholic drinks on ice, industry knock-on effects

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Lockdown has been a sobering moment for the liquor industry. Drinks maker Distell has already warned that the ban on liquor sales during the period is likely to result in an 80% plunge in the group's profit. Related industries such us bottling companies are expected to be hard hit as well.

Industry players are hopeful that liquor sales will resume when parts of the country move to level three lockdown at the end of this month but nothing is certain. Business Day TV spoke to Richard Rushton, CEO of Distell and Mike Arnold, CEO of Consol Glass for more insight.
19 May 2020 2AM English South Africa Business · Business News

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