Smokers and drinkers will once again feel the pinch, despite tough economic conditions and a planned VAT hike to 15.5%. During the presentation of the 2025 budget on Wednesday, Finance Minister Enoch Godongwana announced immediate increases in excise duties on alcohol and tobacco products, averaging 6.75%. Cigar enthusiasts will be particularly affected, with a hefty… Read More »Smokers And Drinkers Face Higher Sin Taxes As Godongwana Tables 2025 Budget The post Smokers And Drinkers Face Higher Sin Taxes As Godongwana Tables 2025 Budget first appeared on iAfrica.