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 Briefing: Farmers on their knees, the Fed under fire, and Gold flashing red

From a devastating foot-and-mouth outbreak crippling South African farmers to an explosive showdown between Donald Trump and the US Federal Reserve, today’s BizNews Briefing unpacks a world under pressure. David Shapiro questions where SA’s business titans have gone, while mining guru Peter Major delivers a chilling warning that gold may…
12 Jan 8AM 13 min

Jabulani Khumalo - Threats, a R14-m ransom & the battle for MKP….

In his latest interview with Chris Steyn, the real founder of MKP, Jabulani Khumalo, reveals threats to the actual directors of the “hijacked” party over a picket to distance themselves from the human trafficking of 19 men to Russia. “…our spokesperson… got a call…a threatening call…And also, the people on…
11 Jan 6AM 18 min