As the TGA considers at least 4,000 submissions, tobacco companies appear to be heightening lobbying efforts An international pro-vaping group, supported by British American Tobacco, has hired an Australian lobbyist amid proposed government reforms that could see tightened access to nicotine vaping products. In February, Michael Kauter – a former deputy director of the Nationals and...
British American Tobacco Uganda has recorded a 6% increase in revenues to Shs 99.5bn for the year ended Dece.31, 2022, but the profit after tax declined marginally to Shs 9.9bn. The cigarettes distributor said the 4% decline in profit after tax was attributed to a surge in operational costs in line with higher sales volume...
In response to the Minister of Finance's budget speech on 22 February 2023, Ahmad Ismail, general manager for Southern Africa & Nigeria, (has) welcomed the tobacco excise tax increase of 4.9%. At JTI we support the need for predictable and stable tobacco excise increases. We are furthermore conscious of our products being subjected to excise...
The Alliance for Water Stewardship (AWS) has certified the Ibadan site of British American Tobacco (BAT) in Nigeria for its responsible water management. AWS recognises the consumer goods company's sustainability efforts in a context of water stress. British American Tobacco’s (BAT) Ibadan site joins the top three Alliance for Water Stewardship Core certified companies in...
BAT Uganda has called upon the Government to ramp up efforts to curb illicit trade in cigarettes, which it says is impacting the sustainability of its business. In its 2022 performance results, the company says it recorded a 6% revenue growth, to Shs99.5 billion. Profit before tax dropped by 6% to Shs14.3 billion, reflecting a...
Zimbabwe, Africa's largest tobacco producer, opened its tobacco-selling season Wednesday, with a speech by the vice president and eager international buyers. The size of the tobacco crop increased despite increased fertilizer prices caused by the war in Ukraine. Zimbabwe expects to harvest 230 million kilograms (254,000 tons) of the golden leaf this season, up from...
The European Commission (EC) had proposed a ban on the sales of flavoured heated tobacco products due to a reported increase in use, and the directive came into force on November 23rd 2022. The ban was proposed in response to a reported 10% rise in the sales volumes of heated tobacco products in several EU...
Economic experts have called for a review of the government’s 2022-2025 fiscal policy to save Nigeria’s Tobacco industry from collapse due to heavy taxes. Also, they stated that businesses in the sector might go moribund in the next three years if the Federal government implements its new tax regime. The Ministry of Finance, Budget and National...
The European Union’s plans to further increase tobacco taxation and reduce declining smoking rates across the bloc have pleased public health advocates, but the industry warns that tax revenues may be disrupted by the rise of illicit markets that flourish when taxes are high. According to the World Health Organisation (WHO), tobacco taxation is an...
Kenya lags behind nations who are leading in using innovation to reduce deaths from smoking, a new report reveals. The study blames Kenya’s regulators for unnecessarily restricting access to alternative nicotine products, such as vapes and pouches, which are proven to be 95pc less harmful than combustible cigarettes and have already saved hundreds of thousands...
