Smoking Sin Taxes

OPINION: What can we anticipate from finance minister Tito Mboweni’s 2021 budget speech?

Later today, finance minister Tito Mboweni will announce the 2021/2022 budget and pundits are speculating on what the minister will do to rebalance the books. The cost of the global pandemic has hit every country hard but the developing…

Rob Knowles

Tobacco companies and suppliers lost income during the early stages of the lockdown, which raises questions about the potential for future damages claims.Image: 123rf.com/ marcbruxelle

CIGARETTE

29 OCT 2020

‘Mind-boggling’: tobacco firms hit back on proposed 100% tax hike

Smoking sin taxes should increase by 100%. So say some health organisations — under the #protextournext banner — who believe this could reduce pressure on SA’s heavily burdened health system, contribute positively to the country’s revenue…

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