Mmegi

Gov’t mulls more sin taxes

Going up: Sin taxes such as those on alcohol, gambling and tobacco, are set to increase PIC: KENNEDY RAMOKONE
Going up: Sin taxes such as those on alcohol, gambling and tobacco, are set to increase PIC: KENNEDY RAMOKONE

Government plans to broaden its sin tax regime, placing more levies on 'vices' such as tobacco, gambling, and alcohol, a draft of the 12th National Development Plan shows.

The plans come as government considers alternative financing mechanisms for healthcare away from the traditional annual budget.

The draft of the National Development Plan (NDP) 12 contains proposals by government to deter excessive consumption of harmful items like alcohol and tobacco, whilst also ensuring that government has a cut of the cake in this booming industry to finance the growing healthcare budget.

Editor's Comment
Warm relations must not come at the expense of fair trade

“I believe that free but fair trade isan absolute imperative”– John E. JamesFor two countries bound by geography, history and deep economic ties, periods of diplomatic strain serve neither side well. President Duma Boko’s efforts to restore momentum to relations with Pretoria deserve recognition, particularly at a time when Southern Africa faces shared challenges ranging from sluggish economic growth and unemployment to energy security...

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