South Africa Tobacco Tax Shortfall Likely After Sales Ban, BAT Says

  • Excise duties from cigarettes are set to miss Treasury targets
  • South African banned tobacco sales for five months in 2020
Lock
This article is for subscribers only.

Sign up to our Next Africa newsletter and follow Bloomberg Africa on Twitter

British American Tobacco Plc said illegal cigarettes make up more than half the South African market after a lengthy ban on the sale of tobacco products forced smokers to look elsewhere.