Sin tax hikes hit tobacco and alcohol industry hard
Natasha Archary The Fair-Trade Independent Tobacco Association (FITA) expressed disappointment in the decision to increase sin taxes. Finance Minister Tito Mboweni tabled his 2021 budget yesterday and announced the 8% increase in the excise duties levied on alcohol and tobacco products. What does this mean for the average South African? The tax increase means South Africans will be forking out more on a 340ml can of beer […]