The extent of damage left by the illegal tobacco trade | Citypress

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SPONSORED | The extent of damage left by the illegal tobacco trade. The illegal tobacco trade has become the third largest ‘supplier’ of tobacco in the world, and the estimated loss of tax revenues around the globe is approximately $40 billion

Illicit tobacco trade is an intricate problem. There is more to it than meets the eye, as its often linked to much larger criminal syndicates such as corruption, organised crime, tax evasion, and money laundering.

During the 2020 Covid-19 Lockdown, with legal sales and distribution of cigarettes prohibited between Risk Adjusted Alert Levels 3 to 5, the South African tobacco value chain experienced an unprecedented increase of illicit tobacco trade. The lockdown and tobacco ban were loopholes with which the illicit tobacco players used in their full capacity to increase their distribution.

Governments take a leading role in the fight against the illicit tobacco trade. Without the support of government, industry efforts cannot be fully effective. Through coordinated efforts we can begin to reduce the problem. Across the globe, JTI is committed to complying with strict regulations and working hard to implement solutions aimed at improving the supply chain security.

 

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Ban this evil, altogether.

Thank you and your corrupt spawn poepdoek ndz

Maybe don't rely so heavily on sin tax and rather focus on not wasting or stealing money?

Sounds EFFing and Mazzoti _Malema!

200+-100%...

Serves the right

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