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In 2020 alone the legal tobacco industry shrunk by 48% while the illicit tobacco trade grew to 60% of the market.

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In 2020 alone the legal tobacco industry shrunk by 48% while the illicit tobacco trade grew to 60% of the market.

SA’s Revenue Losses

3rd February 2022

By: Creamer Media Reporter

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“In 2020 alone the legal tobacco industry shrunk by 48% while the illicit tobacco trade grew to 60% of the market. This resulted in ASTRONOMICAL LOSSES of tax revenue for the government.

Our businesses have been SEVERELY Impacted by the illicit tobacco trade. “ Edy Cardoso, Major Distributor. Legal tobacco retailers support inflation based only increases in 2022, for the betterment of our country and economy, shouldn’t the Government too?

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@South African Revenue Service (SARS) @National Treasury of South Africa@The Presidency of the Republic of South Africa

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