The original article can be found here.
Article highlights:
- Packaging manufacturer Consol Glass may reinstate the R1.5 billion capital investment it had taken off the table due to the impact of liquor sales bans;
- This comes as the bottling industry gradually picks up the pieces following the crippling impact of alcohol sales restrictions in 2020, including millions of rands in losses each day;
- The bottling industry employs more than 26 000 people and contributes R11.8 billion to South Africa’s GDP;
- the bans meant that Consol had to shelve its R1.5 billion expansion of its glass production facility in Nigel.
