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If you’ve been listening to this year’s budget speech, you’ll know that Finance Minister Tito Mboweni has stated that the price of beer, wine and cigarettes will rise.
In fact, duty on a 750ml bottle of sparkling wine will go up by 84 cents with total taxes at R10.16 while a normal 750ml bottle of wine will go up just 22 cents with an excise duty of R3.15.
The new tax will come into effect on 1 April 2019 so if you’re a bubbly lover, then don’t be shy to stock up now!
You can see the full budget speech here where the minister also highlights increases in the price of cigarettes and beer.
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