R7 cigarettes expose scale of illicit tobacco trade in SA
Not just tobacco Johnny Moloto, head of corporate and regulatory affairs at BAT Sub-Sahara Africa, referred to a study by the Consumer Goods Council which revealed that illicit trade is not only confined to the tobacco industry.
A grave concern, revealed by a recent study commissioned by British American Tobacco South Africa (Batsa), is the penetration of illicit products into the formal market.
The total size of the illicit economy is estimated at around R280 billion, resulting in lost production within the legal industry of more than R190 billion and a direct employment impact of as many as 87 500 jobs.
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