Tag - BATSA

New minimum price for cigarettes proposed for South Africa

British American Tobacco SA (BATSA), one of South Africa’s largest tobacco companies, has called on the government to introduce a new minimum price for cigarettes in the country. In a statement on Wednesday (10 November), BATSA said that a new floor price will help combat illegal suppliers and improve tax collection in the country. A survey by market...

OPINION | SA is bleeding revenue on the black market – and it’s avoidable

As Finance Minister Tito Mboweni prepares to deliver his annual Budget this month, how he must bemoan the fiscal crater carved out by South Africa’s illegal economy.  This shadowy world of illicit flows, black market trade and other nefarious tax dodging was estimated – at this time last year – to cost the fiscus R100...

South Africa: Vaping companies call for own regulations

Cape Town - Vaping companies are calling for separate legislation to the Control of the Tobacco Products and Electronic Nicotine Delivery Systems Bill. As the industry await its first new laws since 2018, vaping companies said that they don't encourage non-smokers to vape and that the product should be used as a reduced alternative to...