#PODCAST: Billions in tax lost as new research suggests several outlets are selling cigarettes well below the legal rate

By Newsbreak Producer Shanell Daniel - 'With almost a 10-percent increase on the figures recorded only a month ago - before the big hike in tobacco sin taxes - it is shockingly clear that the increase has triggered a full-scale price war among tax-evading manufacturers'. These are the sentiments of Founder of Tax Justice South Africa, Yusuf Abramjee. This follows the release of the latest study by market research specialists, IPSOS - showing that three quarters of retail outlets in hotspot provinces are now selling cigarettes below the legal tax rate. Abramjee says the country is being robbed of billions in taxes, at a time it can least afford it...