Tax Increase: South Africans may no longer afford to smoke and drink

South Africa's finance Minister, Parvin Gordhan has revealed in a new proposal that alcohol and tobacco excise duty rates will get an increase this year. While presenting the proposal at the National Assembly Wednesday, February 22, 2017, he said: The National Treasury proposes increases in the excise duties for alcohol and tobacco of between 6 and 10 percent.' If the new proposal is finally

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