Press release FITA 11 March 2019

Posted by:

Press release – FITA – for immediate release

We note the recent court ruling by the Honourable Malopa J in the Gauteng Provincial Division held at Pretoria in the urgent court application brought by one of our members, Gold Leaf Tobacco Corporation (“GLTC”) against the spokesperson of the #TakeBackTheTax campaign Yusuf Abramjee (“Abramjee”).

We must however state that we are somewhat astonished by comments from Abramjee and the Tobacco Institute of Southern Africa (“TISA”), who count among their membership the powerful British American ...

Continue Reading →
0

Press release FITA 07 March 2019

Posted by:

Press release – FITA – for immediate release

FITA notes with concern a new strategy, in addition to the plethora of other failed strategies that is being driven by an organization which represents foreign interests, and which misleadingly claims to represent the legal tobacco sector in South Africa, and some of its members. This strategy, based on the biased and industry-commissioned Ipsos Report has as an objective to attempt to influence law enforcement agencies through inter alia the intentional misrepresentation of facts. This ...

Continue Reading →
0

Press release FITA 05 March 2019

Posted by:

Press release – FITA – for immediate release

We wish to bring to the public’s attention a matter of great concern which has seen some of our law enforcement agencies of late returning to practices of a dark period in our past where they were captured by big tobacco in its efforts to influence the state under surreptitious methods such as through the notorious illicit tobacco task team.

Over the last few weeks one of our member factories was visited by law ...

Continue Reading →
0

Press release FITA 20 February 2019

Posted by:

Press release – FITA – for immediate release

The Fair-Trade Independent Tobacco Association (“FITA”) notes the recently delivered National Budget Speech by Honourable Minister of Finance Tito Mboweni earlier today.

We commend the Honourable Minister’s announcement that the new Illicit Economy Unit which was launched in August 2018 will fight the trade in illicit cigarettes and tobacco however, we maintain our position that if one seeks to understand the fiscal risks to the economy vis a vis the tobacco industry, one should not restrict ...

Continue Reading →
0

12 FEBRUARY 2019 BUDGET SPEECH TIPS MEDIA RELEASE

Posted by:

To:  THE HONOURABLE MINISTER OF FINANCE

Attention: MINISTER TITO MBOWENI

Per e-mail: Budgettips@treasury.gov.za

Dear Honourable Minister

BUDGET TIPS 2019

The Fair-Trade Independent Tobacco Association (“FITA”) has noted your recent request for tips from the public at large in relation to your upcoming budget speech.
One of the main problems with the South African economy is that it remains largely untransformed and largely controlled by the same companies, institutions and people as in the past. The tobacco industry is no exception to this in its own right and has ...

Continue Reading →
0

Press release FITA 25 January 2019

Posted by:

Press release – FITA – for immediate release

The Fair-Trade Independent Tobacco Association (“FITA”) wishes to laud the formation of the Black Tobacco Farmers Association (“BTFA”).

One of the main problems with the South African economy is that it remains largely untransformed and largely controlled by the same companies, institutions and people as in the past. If we as a country and a nation are to succeed and flourish, economic transformation must be a national priority.

The tobacco industry in its own right ...

Continue Reading →
0

Press release FITA 20 December 2018

Posted by:

Press release – FITA – for immediate release

FITA has been vindicated by two groundbreaking research papers on corporate tax avoidance in South Africa. These have found that the authorities have grossly underestimated the scale of unlawful profit shifting out of the country.

It conservatively amounts to R8bn a year in foregone taxes, and some of the largest multinationals are the biggest culprits.

FITA has been drawing the attention of the authorities to the practices of BEPS for some time now in the ...

Continue Reading →
0

Press release FITA 12 December 2018

Posted by:

Press release – FITA – for immediate release
Over the last few months multinational tobacco companies have embarked on an aggressive
media campaign on the back of the controversial and misleading IPSOS report highlighting,
amongst others, the negative effects of the illicit trade in cigarettes on the economy and the
people of South Africa. It is common knowledge that we, as the Fair-Trade Independent
Tobacco Association (“FITA”), have long questioned the veracity of the aforementioned
report.
Our suspicions in relation ...

Continue Reading →
0

Press release FITA 30 October 2018

Posted by:

For immediate release:

FITA has engaged with the Department of Economic Development and Competition Commission with a view to:

1. Raise multiple concerns which stifle local industry;

2. Raise concerns which threaten jobs of thousands of direct and indirect employees;

3. Present evidence of anti-competitive practices, criminal offences and unfair dealings which implicate multinational tobacco manufacturers;

4. Raise concerns that have and continue to suppress local economic growth of homegrown South African businesses.

Issued by the Fair-trade Independent Tobacco Association: 30 October 2018

For queries kindly contact ...

Continue Reading →
0

Press release – FITA 26 October 2018

Posted by:

Press release – FITA – for immediate release

As previously indicated, FITA had been made aware of a new “strategy” that has been utilised by the Tobacco Institute of Southern Africa (“TISA”), an organization which represents foreign interests and which misleadingly claims to represent the legal tobacco sector in South Africa and some of its members. Amongst other things, this “strategy” specifically states that the intention is to target FITA members, and to do so by among other things “Securing regional ...

Continue Reading →
0
Page 2 of 9 12345...»