Mboweni announces sin tax hikes

Alcohol

Unsplash/Helena Lopes

JOHANNESBURG - You can expect to pay eight-percent more for alcohol and cigarettes.

Finance Minister, Tito Mboweni announced an increase in sin taxes when he tabled his Budget Speech on Wednesday.

WATCH: Tito Mboweni's 2021 Budget Speech

Mboweni announced that a 340ml can of beer or cider will cost an extra 14c.

While a 750ml bottle of wine will cost an extra 26c.

A 750ml bottle of sparkling wine an extra 86c while 25 grams of piped tobacco will cost an extra 47c and a 23-gram cigar will be R7.71 more expensive.

Source
eNCA

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