Friday 16 April 2021
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enca - 1 month ago

WATCH: BATSA welcomes tobacco sector probe

WATCH: BATSA welcomes tobacco sector probe bombeleni.mavundza Sun, 03/07/2021 - 07:14 Teaser Media Paragraphs Things aren’t looking up for tobacco manufacturers. The industry is still reeling from a ban on sales during the hard lockdown. Now, excise duties have increased. And, the industry is under tough scrutiny over illicit trade. #eNCA​ Courtesy #DStv403 JOHANNESBURG - The tobacco industry still reels from a ban on sales during the hard lockdown. Now, excise duties have increased, and the industry is under scrutiny over illicit trade. British American Tobacco South Africa has welcomed an inquiry into the sector after it was accused of benefiting from illicit trade. READ: Mboweni announces sin tax hikes During the hard lockdown, tobacco companies could not trade locally, and the black market boomed, causing problems for the industry. BATSA says it has been fully transparent with SARS.  Watch the video above for more details on this story.


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