Illicit cigarette trade hits record highs

British American Tobacco is scaling down its delivery supply chain in response to the increasing illicit trade of cigarettes, which it says now accounts for 70 per cent of the South African market. The Dunhill and Peter Stuyvesant maker says around 500 jobs in the logistics and security supply chain stand to be impacted. Within its own operations, around 20 workers stand to lose their jobs adding to the more than 30 per cent of jobs that have gone up in smoke since 2020. Joining CNBC Africa is Johnny Moloto, Area Head of Corporate and Regulatory Affairs for BAT Sub-Saharan Africa.
Thu, 28 Mar 2024 15:38:42 GMT