Budget 2026 | Vaping industry warns tax hike could undermine smoking reduction goals
South Africa’s vaping industry has warned that the 2026 excise tax increase could undermine efforts to reduce smoking, after Finance Minister Enoch Godongwana confirmed inflation-linked duty hikes on vapour products. Godongwana tabled the 2026 Budget on Wednesday and confirmed that excise duties on tobacco, alcohol and related products would rise broadly in line with inflation. The adjustment is expected to result in modest increases in the retail prices of vape […]
