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

Africa’s Trade Links Strengthen; Future Geopolitical Risks Loom

Data from Standard Bank signalled significant growth in intra-African trade in the past year, showing positive moment towards the continent achieving a successful AfCFTA. However, that picture could be complicated by recent tensions in the Middle East. For more on this let’s listen in to, Philip Myburgh, Head: Trade for…
25 Mar 4PM 12 min

Ekasinomics: The business of luxury craftmanship

Lunga Ntuli, founder of LN Watches joins us on today’s feature of Ekasimoics to discuss his journey in building a proudly African luxury watch brand. His journey captures the realities local entrepreneurs face: navigating limited resources, building a market from scratch, and turning culture into commercial value.
25 Mar 4PM 16 min

Inside Your Business: Managing Middle East Risk

On today’s Inside Your Business feature with SACCI CEO Alan Mukoki — we unpack how small and medium‑sized business owners should manage and navigate the risks South Africa faces from the Middle East tensions.
25 Mar 4PM 16 min

South Africa’s central bank expected to hold interest rates

Tomorrow the South African Reserve Bank delivers its interest rate decision in what may be one of the most complicated policy weeks in recent memory. For his expectations of what may unfold, we speak to Albert Botha, Head of Fixed Income at Ashburton Investments
25 Mar 4PM 13 min

Remgro reports strong interim earnings

Despite a complex market environment, Remgro posted resilient interim results, lifting headline earnings nearly 40%. We’re joined by the CIO, Carel Vosloo, to discuss how Remgro is navigating global uncertainty while sharpening its investment portfolio.
25 Mar 4PM 12 min