Asia-Pacific Foreign Investment Brief
The FDI, Trade, and Economic Development Community

South Africa may have banned cigarettes and alcohol during its lockdown but, for some, the good times kept rolling. While the rules were...

The illicit trade in tobacco, especially cigarettes, costs South Africa’s economy billions of rand annually through lost tax revenue....

The Tobacco Institute of Southern Africa estimates that the SA fiscus is losing more than R10bn annually on unpaid excise duty The...