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  • ZIMRA Wins Appeal Against Pacific Cigarette Company

    ZIMRA Wins Appeal Against Pacific Cigarette Company

    The Zimbabwe Revenue Authority (ZIMRA) successfully appealed a High Court ruling, with the Supreme Court siding with it in its refusal to issue a Tax Clearance Certificate (TCC) to Pacific Cigarette Company Ltd. while it owed over $19.5 million in taxes and was under corporate rescue. The court found that the High Court had misdirected itself by compelling ZIMRA to issue the TCC despite Pacific’s $19.2 million in income tax arrears and $330,000 in non-resident tax. ZIMRA had rejected the TCC application in January 2025 because the company had settled current obligations but made no payments toward the arrears.

    The Supreme Court ruled that ZIMRA’s refusal was an administrative decision, not an enforcement action, and that tax obligations remain enforceable during corporate rescue. The court also dismissed Pacific’s claim that withholding the TCC violated the moratorium on enforcement actions, noting the company’s corporate rescue plan lacked a proper repayment arrangement for its arrears.

    The Supreme Court overturned the High Court’s decision, affirming ZIMRA’s right to enforce its statutory mandate without penalty.

  • Turning Point Brands Increases Stock Dividend

    Turning Point Brands Increases Stock Dividend

    The Board of Directors of Turning Point Brands, Inc. declared a regular quarterly dividend of $0.08 per common share. This is a 7% increase over the regular quarter dividend declared in November 2025. The dividend is payable on April 10, to shareholders of record on the close of business on March 20.

  • Malaysian Vape Ban Would Leave 1.4M Users in Limbo

    Malaysian Vape Ban Would Leave 1.4M Users in Limbo

    Malaysia is moving toward a nationwide vape ban that could leave an estimated 1.4 million adult users in limbo, as policymakers weigh stricter enforcement under the Control of Smoking Products for Public Health Act 2024 and a possible phase-out of open and closed pod systems by 2026. While the government cites concerns over youth uptake and illicit drug-laced liquids, consumer groups and some public health experts warn that prohibition may drive sales underground or push former smokers back to combustible cigarettes, which remain far more prevalent among Malaysia’s 4.8 million smokers.

  • Seven Arrested for Vape Trafficking in Cambodia

    Seven Arrested for Vape Trafficking in Cambodia

    Seven people were arrested and potentially face 20 years in prison in Cambodia for allegedly trafficking and possessing electronic cigarette products. Five suspects were apprehended in a raid on an electronic device distributor in Phnom Penh where more than 300,000 vaping items, including devices and e-liquids worth over $1 million, were seized. In a separate raid, a husband and wife were detained at a shop in Siem Reap where authorities confiscated 100 boxes of vaping paraphernalia. All the suspects face charges under Cambodia’s Law on Drugs Control.

  • KT&G First to Cancel Shares Under Revised Act

    KT&G First to Cancel Shares Under Revised Act

    KT&G said it will cancel 10.9 million treasury shares worth approximately 2 trillion won ($1.4 billion), becoming the first company to act under South Korea’s newly revised Commercial Act requiring the retirement of treasury stock within set deadlines. The board-approved cancellation, equal to about 9.5% of outstanding shares, will be put to shareholders on March 26 alongside bylaw amendments to strengthen governance, including provisions for electronic shareholder meetings and expanded audit committee representation. The move builds on KT&G’s 3.7 trillion won ($2.6 billion) shareholder return program launched in 2024, under which the company has already retired 19.2 million shares and returned more than 2.3 trillion won ($1.6 billion) through dividends and buybacks.

  • Haypp Releases New Guidance on Nicotine Pouches

    Haypp Releases New Guidance on Nicotine Pouches

    Online nicotine retailer Haypp has voluntarily adopted a 20 mg per pouch cap across its e-commerce platforms and is urging the UK government to formalize that as the limit as it develops a regulatory framework under its Tobacco and Vapes Bill. The company, which serves more than 1.1 million customers globally, says proportionate limits would protect consumers while preserving nicotine pouches as a viable reduced-risk alternative to cigarettes. Dr. Marina Murphy, Haypp’s senior director of scientific affairs, said a 20 mg maximum provides a nicotine experience comparable to smoking without enabling “ultra-strength” products to proliferate, with some reportedly containing up to 150 mg per pouch.

  • Canada’s Vape Shops Struggle with Compliance: Report

    Canada’s Vape Shops Struggle with Compliance: Report

    Nearly half of Canada’s specialty vape retailers were found non-compliant during federal inspections between April 2024 and March 2025, according to a new enforcement report from Health Canada. Inspectors found 43% of 546 specialty stores breached the Tobacco and Vaping Products Act and the Canada Consumer Product Safety Act, resulting in product seizures at 235 locations — up from 38% non-compliance the previous year.

    Violations most commonly involved prohibited flavor promotion, improper health warnings, and nicotine concentrations exceeding 20 mg/mL. In contrast, fewer than 1% of 2,136 gas and convenience stores inspected were non-compliant. Manufacturer oversight also revealed compliance gaps, with 45% of 343 samples collected from 119 producers failing key regulatory requirements, prompting the seizure of 286,764 non-compliant products.

  • Big Smoke Florida Details Announced

    Big Smoke Florida Details Announced

    Tickets have gone on sale for Big Smoke Florida, which returns May 8 to Eden Roc Miami Beach, “bringing a one-night cigar celebration to South Florida” hosted by Cigar Aficionado and parent company M. Shanken Communications. The event will feature more than 20 participating cigarmakers — including A.J. Fernandez, Arturo Fuente, Padrón, Oliva, Rocky Patel, and Romeo y Julieta — offering premium cigars alongside spirits and cuisine. VIP admission begins at 5:30 p.m., followed by general admission at 6:30 p.m., with VIP ticket holders receiving early access and an exclusive sampling of selections from Cigar Aficionado’s 2025 Top 25 Cigars list.

  • NewCo Raises $41K for Clean Water in Africa

    NewCo Raises $41K for Clean Water in Africa

    NewCo announced it raised $41,500 in 2025 through customer donations and a give-back initiative tied to African-origin tobacco shipments, with the company contributing $300 for every container shipped. The funds, directed to Good For Better e.V., have supported clean water projects benefiting more than 6,500 people across Africa. The program will continue through 2026, with NewCo encouraging customers to source African-origin tobacco to trigger automatic contributions or make direct donations to the NGO. According to the company, the initiative has reduced reliance on wood to boil unsafe water, lowered illness rates, cut plastic bottle use, and generated monthly savings for participating families.

  • Indonesian Retailers Ban Vape Sales to Under-21s

    Indonesian Retailers Ban Vape Sales to Under-21s

    The Indonesian Vape Retailers Association (Arvindo) instructed all member stores to stop selling e-cigarettes to customers under 21, requiring retailers to display 21+ signage, and verify age with valid identification. Chairman Fachmi Kurnia said the move supports government efforts to curb youth access, a position echoed by the Tar and Smoke Free Movement, which maintains that alternative tobacco products should be reserved for adult smokers. Arvindo also urged policymakers to adopt science-based regulation and consider vaping’s harm-reduction potential, citing a 2025 JAMA Network study showing e-cigarettes were the most commonly used quit aid in England. The call comes as Indonesia faces persistently high smoking rates, with government data estimating 70 million active smokers, including significant youth prevalence.