British American Tobacco to retrench even more SA workers as its cigarette sales fall 40% | Business

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SA's largest tobacco manufacturer, British American Tobacco SA, says falls in cigarette sales mean it may have to cut another 200 jobs at its local operations. | News24_Business

"This illegal trade has severely impacted the sustainability of the legal tobacco industry and is a source of funds for criminal organisations in South Africa," it said.

BATSA applauded recent efforts by the South African Revenue Service and law enforcement agencies to clamp down on the illicit cigarette market, but said that a minimum retail price is now required to stamp out black-market sales.BATSA previously proposed that a pack of cigarettes retail at a minimum of R28. Taxes, including excise duties and VAT, come to around R20 to R22 a pack.In times of uncertainty you need journalism you can trust.

 

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_Business Maybe if they didn't increase prices like they did after lock down they wouldn't be sitting in this position. They exploited the public which only inspired us to quit the bad habit 🤷‍♀️

_Business Bafwethu sicela nibheme tu aseblief 🙏🏽 we can't afford any more job losses, so please bhemani stereke 🚬

_Business So they are want to get people to continue smoking? Is that it? Well, that would fall under the category of 'too bad!'

_Business Love her or hate her, GodZille said, 'ANC could not run a bath/tap', and it's true. Dlamini Zuma still has not provided the information she considered in extending lockdown and bans. etc What an Own goal, so no we the taxpayers will have to pick up the shortfall in excise caused.

_Business Are people waking up and not smoking anymore? Well done!

_Business They can thank Dlamini Zuma for that - increased illicit sales and less tax revenue for the state. And Edward Zuma laughs all the way to the bank.

_Business If we're honest with ourselves, this is one thing no one needs. We'd do well to copy New-Zealand's ban.

_Business BAT has been replaced by Zim cigarette smugglers. Illegal cigarette sales account for circa 70% of the SA market, this was only made possible by the senseless prohibition of Cigarettes during Covid lockdowns

_Business NDZ killed them with her tobacco ban and her cheap cigarettes on the black market

Tasha_vilakazi _Business Abantu badinga ukubhema.

_Business The jobs is sad but this is actually good news for the health of people?

_Business Anc lead government to blame Opened borders

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