News Formal

New tax tastes like bitter fruit for vape industry

  • 📰 SundayTimesZA
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 51%

Business News News

The new R2.90/ml tax on nicotine vaping fluids came into effect on Thursday, sending the industry into a tailspin over potential lost revenue and jobs — but medical experts are calling for even steeper taxes.

From World War 1 to present-day cosmopolitan South Africa and beyond, the Sunday Times has been a pillar in covering the stories that matter to you.

For just R80 you can become a premium member and support a publication that has played an important political and social role in South Africa for over a century of Sundays. You can cancel anytime.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

BAD MEDICINE?: Activists red-flag ANC, business ties of man tipped to be new health ombudHealth activists sound the alarm for the potential of a political whitewash as an ANC loyalist looks set to take up the position of health ombud.
Source: dailymaverick - 🏆 3. / 84 Read more »