Yusuf Abramjee on cigarette ban: Instead of running to IMF, govt should stop R4bn illicit trade

Loading player...
Yusuf Abramjee, the founder of Tax Justice South Africa, has filed an affidavit in the Western Cape High Court in support of a bid by British American Tobacco (BATSA) to overturn the four-month-old cigarette ban. The economy has already lost over R4bn in indirect taxes, and thousands of people have lost their jobs. Abramjee, who is no stranger to campaigning against illegal trade, hopes that common sense will finally prevail. "The case, which will be heard on 5 and 6 August, is a choice between protecting honest citizens and their constitutional rights or allowing criminals to continue coining it in a booming tobacco black market." Abramjee joins BizNews founder Alec Hogg to discuss the importance of the case and the extent of illicit trade happening under our noses. - Claire Badenhorst Learn more about your ad choices. Visit megaphone.fm/adchoices
5 Aug 2020 9AM English South Africa Investing · Business News

Other recent episodes

BN Daybreak: Zille on Joburg's last chance; AI stock warnings; Cape gangs; Civic tech

In today's BizNews Daybreak, Helen Zille warns Johannesburg faces its final chance to reverse municipal collapse. Heindrich Wyngaard explains why military presence alone cannot dismantle the Cape Flats' deep-rooted gang economy. Lance Dickson introduces "Ryze," a platform channeling public rage into organized civic action. Finally, Sean Peche cautions investors against…
23 Jul 11PM 15 min

Parliament faces protest over lagging legislation for a provincial referendum

In this interview with Chris Steyn, Heindrich Wyngaard, the executive chairperson of Cape Forum, details plans for a protest outside the National Assembly next month over the long wait for appropriate legislation to enable a provincial referendum . “And we are also planning to be present at that Home Affairs…
23 Jul 9AM 18 min