Bad news for smokers as Sin Tax hikes stretch pockets
By: Natasha Archary Finance Minister Enoch Godongwana broke bad news to smokers in his 2023 Budget Speech by hiking up the Sin Tax and stretching pockets even further. Godongwana said the excise duties on both alcohol and tobacco will increase by a steep 4.9% from 01 April. The Minister delivered the National Budget Speech from Cape Town City Hall on Wednesday, 22 February. This will mean that smokers, who are […]