Illicit tobacco makes up half of SA’s market; tax shortfall now likely
Illicit | tobacco

Illicit tobacco makes up half of SA’s market; tax shortfall now likely

South Africa will very likely fall short of Treasury budget estimates for duties from cigarettes and other tobacco products in the year through 2022. This is according to British American Tobacco, who says the lengthy sales ban on tobacco products forced smokers to seek products elsewhere. Currently, illicit tobacco makes up more than half of…