Cigar smokers hardest hit in sin-tax hikes
In his budget speech, finance minister Enoch Godongwana increased excise duties by 4.9% for the 2023/2024 financial year
22 February 2023 - 14:38
True to tradition, finance minister Enoch Godongwana has hit smokers and drinkers hard in the pocket.
Godongwana has increased sin taxes or excise duties by 4.9% for the 2023/2024 financial year. This will see the price of a 340ml can of beer rising by 10c, with a 750ml bottle of unfortified wine now up by 18c...
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