Nearly 8 in 10 SA retailers selling illicit cigarettes as SARS faces R20bn challenge

Loading player...
GUEST – Johnny Moloto, Area Head of Corporate & Regulatory Affairs for BAT South Africa



New research conducted by independent research house Ipsos shows that illicit cigarette availability in South Africa has reached the highest levels on record. More than three quarters of shops (76.7%) countrywide are now selling cigarettes below the minimum tax threshold applicable on a pack of 20.



This comes after Finance Minister Enoch Godongwana set a target for the South African Revenue Service (SARS) to collect a minimum R20 billion in additional tax revenue in this financial year to avoid the need for new tax measures in the 2026 Budget.



“With the clock ticking for SARS to collect at least an extra R20 billion, these results from Ipsos show the need for immediate steps to plug the leaks in tobacco tax collection,” said Johnny Moloto, Area Head of Corporate & Regulatory Affairs for BAT South Africa
8 Jul 2025 4PM English South Africa Business News · Investing

Other recent episodes

EXPLAINER - Why some sports stars are worth more than companies.

An 18-year-old footballer valued at more than R6 billion has reignited a global debate: how do we really put a price on modern sports stars? Following a new long-term contract at Barcelona, teenage sensation Lamine Yamal has been named the world’s most valuable footballer — outranking established global icons and…
15 Jan 3PM 22 min

Why central bank independence matters.

GUEST – Prof Jannie Rossouw - Honorary professor at Wits Business School and economist at Altitude Wealth Central bank independence refers to a central bank’s ability to formulate and implement monetary policy - such as setting interest rates and managing liquidity - without direct control or interference from the political…
15 Jan 3PM 19 min

South Africa at Davos 2026: The Investment Message SA Is Taking to the World.

GUEST - Neville Matjie, CEO of Brand South Africa As global leaders gather in Davos under the theme “A Spirit of Dialogue”, South Africa is stepping onto one of the world’s most influential stages to make its investment case amid heightened geopolitical tension, economic uncertainty and rapid technological change. With…
15 Jan 3PM 10 min