What's behind the Big Tobacco job cuts? A guide to SA's illegal tobacco trade after Covid-19 | Business

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What's behind the Big Tobacco job cuts? A guide to SA's illegal tobacco trade after Covid-19 | Business
Belgique Dernières Nouvelles,Belgique Actualités

British American Tobacco in South Africa says 200 of its workers will be out of a job soon, but public health researchers argue it's using misleading figures to back the retrenchments. | News24_Business

But this figure is different from what was published in the study.

This was the amount of tax that was supposed to be paid for a box of 20 cigarettes in 2022 when the survey was conducted. If shops sold a pack of cigarettes for R22.79, the manufacturer makes no profit on the sale unless they failed to pay tax on the product.

 

_Business NDZ caused this

_Business The 'feasting' of big corporates on SA`n consumers have come to an end. No longer can SA`s afford to pay for the badge, opting for cheaper alternatives - even if the goods are more dangerous. Think ciggies, cars, jewellery, clothing, etc. etc. etc.

_Business DlaminiZuma You allowed cigarette smugglers to dominate the market when You banned cigarette during those nonsensical lockdowns. The ANC caused this problem.

_Business What the fact that this government crippled them during lockdown so that old kopdoek can gain. Well good enough reason send them packing

_Business

_Business What can they do with a market dominated by illegal business at 70% and them reduced to 30%,this while the Anc government being the recipient of taxation fold its arms and watch revenues going down the drain.

Belgique Dernières Nouvelles, Belgique Actualités



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