Convinced that its earnings fall short of potential, Zimbabwe has set out to capture more value from its tobacco business.
By growing the crop and moving up the value chain, the country aims to build a $5 billion tobacco industry by 2025.
Will it succeed? Read our special report about the challenges and opportunities associated with Zimbabwe’s Tobacco Value Chain Transformation Plan.
Don Abram Harris Cigars Files $8B Lawsuit Against PM USA
PM argued the mark could be confused with its Marlboro cigarette trademarks, while Harris is seeking damages, a jury trial, and a court declaration.
Dutch Seize 1.2M Counterfeit Cigarettes at German Border
The seizure brings total illicit cigarette seizures in the Netherlands to 106 million so far this year.
Indonesian Tobacco Groups Oppose New Controls
They argued that standardized packaging for cigarettes and e-cigarettes would undermine legitimate businesses and reduce government excise revenue.
ALP Accelerating UK, European Expansion
The company is launching across 11 European markets in July, with a goal of becoming one of Europe’s leading nicotine pouch brands by 2030.
Pyxus to Announce Q1 2027 Financials Aug. 5
The global agricultural company said it will release its results for the quarter ended June 30, along with a presentation on its investor relations website.
Labor Premier Breaks Ranks on Australia’s Tobacco Tax Policy
Chris Minns said the “massive” excise, which adds about A$30 ($21) to a 20-pack of cigarettes, has created a price gap that benefits illegal sellers.
Altria, Juul Ask 9th Circ. To Overturn Antitrust Classes
The companies are arguing that the certified classes improperly combine a wide range of purchasers with differing legal claims under the laws of multiple states.
JT Acquires BREAK, Moro to Expand Combustibles in Europe
JT said expanding its portfolio in Europe will improve returns in its combustibles, reinforce its position, and help fund investment in reduced-risk products.
UKVIA Accuses PM of Demonizing Vape Shops, Helping Alcohol
It said the policy unfairly demonizes specialist vape retailers that help adult smokers switch away from cigarettes while favoring venues that sell alcohol.
Dentsu to Operate U.K. Track-and-Trace System
The new system is scheduled to become operational on July 1, 2022.
