BAT may close South Africa cigarette plant
From: Business Report
Thembisile Dzonzi and Loni Prinsloo
Johannesburg – British American Tobacco said it may close South Africa’s only cigarette plant if plans to ban branded tobacco packaging are implemented.
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Plain packaging threatens the closure of the factory and “poses a threat to the viability of the legal tobacco industry in South Africa,” Heshu said. The move will make it harder to distinguish the cigarettes from black-market cigarettes and “the illegal market will benefit from having a cheaper product,” he said.