Fri, May 18, 2012
Tobacco Reporter Magazine Content:
Illicit traders claim quarter of Kenya’s market
Jan 12, 2010—Legitimate tobacco businesses and the government of Kenya are losing out to illicit traders, according to a report by Joseph Bonyo for the Daily Nation.
Bonyo quoted a recent article by Enoch Walugembe, of British American Tobacco, on cigarette smuggling, in which Walugembe said companies lost about Sh225 million while traders lost about Sh150 million annually to the illicit trade. “This [is] about 25 per cent of the cigarette consumption causing the loss of Sh7.5 billion a year in tobacco taxes,” said Mr Walugembe.
Jan 12, 2010—Legitimate tobacco businesses and the government of Kenya are losing out to illicit traders, according to a report by Joseph Bonyo for the Daily Nation.
Bonyo quoted a recent article by Enoch Walugembe, of British American Tobacco, on cigarette smuggling, in which Walugembe said companies lost about Sh225 million while traders lost about Sh150 million annually to the illicit trade. “This [is] about 25 per cent of the cigarette consumption causing the loss of Sh7.5 billion a year in tobacco taxes,” said Mr Walugembe.
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