Vices will leave a burning hole in your pocket

By | Published Mar 18, 1998

Indulging in smoking and drinking alcohol is going to take a bigger slice of your monthly budget. In his Budget Finance Minister, Trevor Manuel, targeted sin taxes to raise money for more pressing needs such as poverty relief programmes and education. While Manuel has not given in to the recommendations of health authorities to raise excise duties on tobacco to 50 percent of the retail price, but if you are a smoker, you are going to have to cough up 29 percent more in excise duties to sustain y. . .