South Africans to fork out more for ‘their sins’
Finance Minister Malusi Gigaba has announced an increase in taxes on alcohol and tobacco excise duties of between 6% and 10%.
CAPE TOWN - You will have to fork out more for your sins this year as Finance Minister Malusi Gigaba has announced an increase in taxes on alcohol and tobacco excise duties.
The price of cigarettes, wine and beer will all be going up; you will pay R1.22 more for a pack of 20 cigarettes, pipe tobacco will go up by 38c per 25 grams.
But it's not only smoking that will cost you more, your favourite alcoholic beverage will also come at a higher price.
“An increase in the prices of alcohol and tobacco excise duties of between 6% and 10%.”
Beer goes up by just more than 14 cents for a 340ml can, while the same volume of cider will go up by exactly 14 cents.
A 750ml bottle of wine will cost you 22.5 cents more and spirits R4.80 more for the same quantity.
Treasury says it will be working with the Department of Health to explore additional ways to reduce tobacco consumption, including a minimum price and stronger enforcement.
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(Edited by Zamangwane Shange)