Godongwana hikes excise duties on alcohol & tobacco products
The new average excise duties are only a fraction less than what Finance Minister Enoch Godongwana planned to impose in February.
FILE: Alcholic beverages Picture: 123rf.com
CAPE TOWN - Despite the tough economic times and a proposed VAT increase to 15.5 percent, smokers and drinkers again won’t escape the annual increases for their favourite vices.
Tabling the 2025 budget on Wednesday, Finance Minister Enoch Godongwana has imposed average excise duties on alcohol and tobacco products of 6.75%, effective immediately.
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He's also going after the discerning cigar smoker, with an R8.49 increase per 23 grams, compared to cigarettes, which will go up by R1.04 for a pack of 20.
The new average excise duties are only a fraction less than what Godongwana planned to impose in February.
In his 2025 Budget Speech, Finance Minister Enoch Godongwana imposed average excise duties on alcohol and tobacco products of 6.75% effective immediately. Picture: EWN
Still, as is customary, the duties are increasing above inflation.
As of Wednesday, beer and ciders go up by 16 cents for a 340-milliliter can.
A bottle of wine will cost 29 cents more, while sparkling wine goes up by 90 cents.
Spirits will again be taxed highest, with an increase of just under six rand a bottle.
Heated tobacco product sticks will cost you 77 cents more per packet of 20, while vaping products will go up by 14 cents per millilitre.