Summary Net profit increased to Ksh6.48 billion ($57.34 million) from Ksh5.51 billion ($48.76 million) in 2020, driven by a property valuation gain of Ksh1.2 billion ($10.6 million) and a relatively favourable trading environment as the government eased Covid-19 restrictions. The Nairobi Securities Exchange-listed firm noted that illicit cigarette trade continues to prevail and impact...
Philip Morris International is buying a successful British company making inhaled treatments for lung disease. Companies who made fortunes selling damaging and addictive cigarettes are making fresh moves into health care. Philip Morris International (PMI), the Swiss-American maker of Marlboro cigarettes, has bought two drug firms in the last month and on Thursday won support to...
Overall cancer rates are higher among the wealthy, finds Cancer Research UK – but smoking and its cancers are now concentrated among the poor. Smoking causes almost twice as many cancer cases among the poor than the well-off, according to new findings that underline the close link between cigarettes and deprivation. About 11,247 cases of cancer...
Late yesterday afternoon, Hāpai Te Hauora sent a tweet in response to NZ Herald’s article: Revealed: Big Tobacco behind dairy owners postcard protest at Parliament. The response from Hāpai says "Disappointed - yet not surprised, that Big Tobacco are using dairy owners to lead their agenda to continue to kill New Zealanders. Hāpai Te Hauora Chief...
In Summary •Tax and price policies are known to be the most effective measures for deterring initiation of and continuous use of harmful products such as tobacco and nicotine products- also known as sin tax. •As we adopt fiscal measures on the emerging nicotine products, it is important to maintain and actually improve the fiscal measures...
What is China Tobacco? How is China Tobacco linked to the Chinese government? How is China Tobacco structured? How does China Tobacco differ from other multinational tobacco companies? How profitable is CNTC? Where in the world are China Tobacco’s cigarettes sold? What treaties regulate China Tobacco? I hear a lot about “Big Tobacco”...
You’ve heard of Marlboro, Camel, and Lucky Strike, but what about Silver Elephant, Red Pagoda Mountain, and Double Happiness? China National Tobacco Corporation is the world’s largest tobacco company, accounting for nearly half of global cigarette production. The secretive state-backed giant holds a virtual monopoly over China’s vast tobacco market, the world’s largest, selling more...
Postcards from dairy owners protesting against restrictions on selling cigarettes appear to have been supplied by British American Tobacco. The postcards - "thousands of them", according to Act deputy leader Brooke van Velden - were delivered to her this morning on Parliament's forecourt. They follow the release of the Government's proposals for Smokefree Aotearoa 2025, which...
Scientific papers suggesting that smokers are less likely to fall ill with covid-19 are being discredited as links to the tobacco industry are revealed, report Stéphane Horel and Ties Keyzer In the early days of the pandemic, media outlets around the world reported that smokers seemed to be under-represented among patients seriously ill with covid-19...
The hazards of tobacco handling and toxic exposure to pesticides used in tobacco farming are undisputed. Child labour in tobacco rightfully falls under the category “worst forms of child labour” due to the hazardous nature of work in the tobacco sector. According to International Labour Organization (ILO) Conventions, child labour in such sectors should...
