There’s a new bill proposed by the South African government in the pipeline that is expected to hike the prices of nicotine and nicotine-substitute solutions, like vaping devices.
During his budget speech on Wednesday, Finance Minister Tito Mboweni announced an increase in sin taxes, which will see the price of alcohol and tobacco products increase.
Finance Minister Tito Mboweni announced that South Africans are going to be paying a lot more for booze and ciggies in the near future.
We’ve done the hard work and sifted through all the facts and figures from the Budget 2015 to bring you the most important information. Warning, it’s not pretty.
Every year at Budget Speech time, South Africans get concerned with how much we’ll have to cough up for petrol and beer in the year to come. These are worthy concerns, but there’s much more to the budget says Karin Muller, Head of Growth Market Solutions at Sanlam. For starters, tax changes affect how much […]