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Published on 08:39 GMT

PROPOSED 0.5% VAT HIKE COULD SQUEEZE ALREADY STRUGGLING CONSUMERS

MBABANE – The already struggling consumers could face even more financial strain if South Africa goes ahead with the proposed value-added tax (VAT) hike. The Ministry of Finance says it will table a proposal to Cabinet for a VAT increase, following South …

Source: Times of Swaziland - Uncategorized
Published on 06:24 GMT

Biggest deal breakers for home buyers

While many buyers are willing to compromise on certain features, there are key deal breakers that can turn a once-promising property into a hard pass. This article highlights the most common deal breakers that could prevent a sale and offers expert advice …

Source: Rising Sun Chatsworth - Label Pending
Published on 07:34 GMT

Opposition parties warn there's much to debate before 2025 budget is voted on

CAPE TOWN - Opposition parties warn that there is still much to debate before the first of the budget bills is voted on in April. Responding to Finance Minister Enoch Godongwana's revised budget on Wednesday, political parties described it as …

Source: Eye Witness News - Label Pending
Published on Mar 11, 2025

Africa emerges Nigeria’s largest export destination in 2024 as trade Surplus hits N21.85 trillion

Nigeria has witnessed a major shift in its trade dynamics, with Africa emerging as the country’s largest export destination in 2024. This is according to the latest trade data released by the National Bureau of Statistics (NBS), which highlights a …

Source: Nairametrics - Neutral
Published on Mar 10, 2025

Hooked on vapes: The alarming rise of e-cigarette use in South African schools

It’s no longer uncommon to spot South African schoolchildren, some still in their uniforms, puffing on vapes. Once marketed as a smoking cessation aid for adults, e-cigarettes have become alarmingly popular among teenagers, sparking concerns about nicotine …

Source: IOL - Uncategorized
Published on Mar 12, 2025

EXCLUSIVE: Fanatics, Nike Back Binding Agreement to Fight Workplace Sexual Violence in Indonesia

Two Indonesian factories, where thousands of women had for years stitched licensed college apparel for Fanatics and Nike under a cloud of menace and fear, have signed a new binding agreement to combat gender-based violence and harassment. The Central Java …

Source: Sourcing Journal - New York - Neutral
Published on Mar 12, 2025

2025 Budget 2.0: The VAT increase is dead, long live the VAT increase

The shocks, surprises and shortfalls in the initial Budget that never saw the light of day on 19 February, made way for a reworked National Budget marked by cuts, compromises and curveballs. Although Finance Minister Enoch Godongwana’s first Budget attempt …

Source: Polity - Label Pending
Published on Mar 12, 2025

Budget speech hard on consumers with taxes

As expected, the budget expects South Africans to continue to pay more. The revised budget speech was not kind to consumers when it comes to taxes, with VAT increasing by 0.5% on 1 May and personal income tax brackets and medical credits remaining the same …

Source: The Citizen (South Africa) - Center-right
Published on Mar 12, 2025

VAT hike sparks fury among opposition parties: 'Tax the rich, not the poor!'

POLITICS Opposition parties have rejected the reworked national budget for the 2025/26 financial year, arguing that the proposed changes still place undue financial strain on South Africans. With the postponement of the budget speech last month - after …

Source: News24 - Neutral
Published on Mar 12, 2025

Godongwana shows complete contempt for ordinary people living in SA, Healthy Living Alliance says

The Healthy Living Alliance (HEALA) on Wednesday said it is deeply disappointed with Finance Minister Enoch Godongwana’s decision to capitulate to industry’s demands. The Alliance said, "The decision to hike the value-added tax (VAT) instead of …

Source: IOL - Uncategorized
Published on Mar 7, 2025

Inside The Pantry: South Africa's nightlife and diversity collide

On the bonnet of a sports car, more modest in their plain shirts and chino trousers, a group of young men are playing cards next to the petrol pumps. They are Muslim, explains a security guard who recognises the regulars, and as such avoid night spots that …

Source: eNCA - Neutral
Published on Mar 12, 2025

Budget 2025: A game of give a little and take a lot?

Budget 2025 was postponed to 12 March due to objections from the other parties in the government of national unity to increasing VAT by 2%. Finance Minister Enoch Godongwana at last had the opportunity to deliver his Budget 2025 speech on Wednesday in a …

Source: The Citizen (South Africa) - Center-right
Published on Mar 12, 2025

Budget 2025: parents welcome sin tax in vaping

As a potential health crisis looms over vaping amongst teenagers in South Africa, the increased taxation on electronic nicotine delivery systems could curb the predicament. This is as Finance Minister Enoch Godongwana announced in his 2025 Budget speech …

Source: IOL - Uncategorized
Published on Mar 12, 2025

Exonerated Indian property tycoon rallies back

In the first days of the new year in 2009, the Indian property tycoon Kabir Mulchandani saw his world turn upside-down. The property market had suffered a collapse and the phone was ringing off the hook when two police officers arrived at the Dubai offices …

Source: The National News - Pro-Government
Published on Mar 12, 2025

Godongwana assures that Treasury on track to consolidate public debt

JOHANNESBURG - The country’s failure to live within its means continues to bite government, as the National Treasury estimates public debt to hit an all-time high of 76% of GDP in the 2025/26 fiscal year. This is a slight revision from the previous 75% …

Source: Eye Witness News - Label Pending
Published on Mar 12, 2025

Opposition parties criticise Treasury for hiking VAT

CAPE TOWN - Opposition parties have criticised National Treasury for hiking the value-added tax (VAT) by one percent over the next two years. Finance Minister Enoch Godongwana made the announcement while tabling his national budget policy statement in the …

Source: Eye Witness News - Label Pending
Published on Mar 12, 2025

Budget Speech 2025: Going up… VAT and sin taxes to take a toll

Finance Minister Enoch Godongwana announced an increase in VAT to address pressing spending needs in key sectors such as health, education, transport and security. According to an article published by The Witness, the decision comes after the minister’s …

Source: Rising Sun Chatsworth - Label Pending
Published on Mar 12, 2025

Trade deficit reaches P37bn in 2024

The trade balance, or the relationship between imports and exports of goods, has been in negative territory since at least September 2023 when diamond sales began to slow down and eventually sank due to factors including Chinese market weakness and the …

Source: MMEGI - Neutral
Published on Mar 12, 2025

Budget adds strain to mining employees, but other aspects support economy

Following Finance Minister Enoch Godongwana’s delivery of the national Budget speech on March 12, Minerals Council South Africa says the mining sector’s employees will be impacted on in various ways. The impacts include higher personal income tax payments, …

Source: Mining Weekly - Neutral

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Published on March 11, 2025 - 04:50 GMT

Saskatchewan set to Receive Over $700 Million in Canada's Historic Tobacco Settlement

CANADA, March 10 - Released on March 10, 2025 The Government of Saskatchewan is pleased to see a resolution was reached in efforts to recover funds for the provincial healthcare system from tobacco companies that have sold cigarettes in Canada. The Chief …

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Published on March 7, 2025 - 21:23 GMT

Nova Scotia to Recoup Hundreds of Millions from Tobacco Settlement

CANADA, March 7 - Nova Scotia will receive about $809 million from tobacco companies for the impact of smoking on the healthcare system. All provinces and territories joined together to sue for the healthcare costs related to tobacco use. A mediated …

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Published on March 7, 2025 - 07:59 GMT

First illicit tobacco store hit with long-term closure order

Release date: 07/03/25 The Malinauskas Labor Government has hit a northern suburbs retail store caught selling illicit tobacco and vapes with its first long-term closure order. Following an application by Minister Michaels, Thingy Gifts in Salisbury North …

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Published on March 13, 2025 - 02:55 GMT

Statement from Minister of Health and Wellness Mark McLane

CANADA, March 12 - Minister of Health and Wellness Mark McLane issued the following statement on the resolution of tobacco litigation: “I am pleased to announce a resolution in an effort to recover money for our health system from tobacco companies that …

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Published on March 12, 2025 - 12:59 GMT

Additive Manufacturing Market Projected To Witness Substantial Growth, 2025-2032 | Altria Group Inc., Habanos S.A.

CA, UNITED STATES, March 12, 2025 /⁨EINPresswire.com⁩/ -- The latest report from Coherent Market Insights examines the growth prospects of the Additive Manufacturing Market from 2025 to 2032. This in-depth analysis covers industry size, market …

Distribution channels: Manufacturing ...
Published on March 12, 2025 - 12:23 GMT

Global Pulmolite Market Insights 2025: Key Trends, Market Size, And Growth Forecast

Pulmolite Global Market Report 2025 – Market Size, Trends, And Global Forecast 2025-2034 LONDON, GREATER LONDON, UNITED KINGDOM, March 12, 2025 /⁨EINPresswire.com⁩/ -- Updated 2025 Market Reports Released: Trends, Forecasts to 2034 – Early …

Distribution channels: Business & Economy, Companies ...
Published on March 12, 2025 - 05:26 GMT

Rising Prevalence Of High Cholesterol Fuels Growth In The Market: Key Repatha Market Driver 2025-2034

The Business Research Company's Rising Prevalence Of High Cholesterol Fuels Growth In The Market: Key Repatha Market Driver 2025-2034 LONDON, GREATER LONDON, UNITED KINGDOM, March 12, 2025 /⁨EINPresswire.com⁩/ -- Updated 2025 Market Reports …

Distribution channels: Business & Economy, Emergency Services ...
Published on March 12, 2025 - 05:24 GMT

Top Growth Driver In The Praluent Market 2025: Increasing Cardiovascular Disease Drive Market Growth

The Business Research Company's Praluent Market Report 2025 – Market Size, Trends, And Global Forecast 2025-2034 LONDON, GREATER LONDON, UNITED KINGDOM, March 12, 2025 /⁨EINPresswire.com⁩/ -- Updated 2025 Market Reports Released: Trends, …

Distribution channels: Business & Economy, Companies ...

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Published on December 7, 2016 - 17:55 GMT

Philip Morris International (PMI) Declares Regular Quarterly Dividend of $1.04 Per Share

Philip Morris International (PMI) Declares Regular Quarterly Dividend of $1.04 Per Share December 7, 2016

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Published on December 6, 2016 - 14:10 GMT

Massimo Ferragamo Elected to the Board of Directors of Philip Morris International (PMI)

Massimo Ferragamo Elected to the Board of Directors of Philip Morris International (PMI) December 6, 2016

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Published on December 6, 2016 - 09:24 GMT

Philip Morris International (PMI) Announces Filing of Application for Its Electronically Heated Tobacco Product with the ...

LAUSANNE, Switzerland--(BUSINESS WIRE)--Dec. 6, 2016-- Philip Morris International Inc. (“PMI”) (NYSE / Euronext Paris: PM) on Dec. 5 submitted a Modified Risk Tobacco Product (MRTP) application for its electronically heated tobacco product with the U. …

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Published on November 16, 2016 - 15:46 GMT

Philip Morris International Inc. Presents at the Morgan Stanley Global Consumer & Retail Conference; Revises, for ...

Philip Morris International Inc. Presents at the Morgan Stanley Global Consumer & Retail Conference; Revises, for Currency Only, 2016 Full-Year Reported Diluted EPS Forecast November 16, 2016

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Published on October 25, 2016 - 07:22 GMT

Philip Morris International Recognized as Global Leader for Corporate Action on Climate Change for the Third Year ...

LAUSANNE, Switzerland--(BUSINESS WIRE)--Oct. 25, 2016-- Philip Morris International Inc. (“PMI”) (NYSE/Euronext Paris: PM) today is recognized as a global leader in its action on climate change. For the third consecutive year, the company is on the CDP …

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Published on October 18, 2016 - 11:29 GMT

Philip Morris International Inc. (PMI) Reports 2016 Third-Quarter Results; Reaffirms 2016 Full-Year Reported Diluted EPS ...

Philip Morris International Inc. (PMI) Reports 2016 Third-Quarter Results; Reaffirms 2016 Full-Year Reported Diluted EPS Forecast October 18, 2016

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Published on October 14, 2016 - 07:33 GMT

Philip Morris International Recognized as Top Employer in Africa

Now certified as leading employer in 29 countries across the globe LAUSANNE, Switzerland--(BUSINESS WIRE)--Oct. 14, 2016-- Philip Morris International Inc. (PMI) (NYSE/Euronext Paris: PM) today was recognized for the first time as a Top Employer in …

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Published on October 11, 2016 - 14:19 GMT

Philip Morris International Inc. to Host Webcast of 2016 Third-Quarter Results

NEW YORK--(BUSINESS WIRE)--Oct. 11, 2016-- Regulatory News: Philip Morris International Inc. (NYSE/Euronext Paris: PM) will host a live audio webcast at www.pmi.com/webcasts on Tuesday, October 18, 2016, at 9:00 a.m. ET to discuss its 2016 third- …

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Published on September 29, 2016 - 07:15 GMT

Philip Morris International Inc. Hosts Investor Day; Revises for Currency, and Narrows, 2016 Full-Year Reported Diluted ...

NEW YORK--(BUSINESS WIRE)--Sep. 29, 2016-- Regulatory News: Philip Morris International Inc.’s (NYSE/Euronext Paris: PM) senior management reviews the company’s business outlook and long-term growth strategies at a two-day investor meeting starting …

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Published on September 23, 2016 - 14:01 GMT

Philip Morris International Inc. (PMI) Inaugurates Manufacturing Facility in Italy for Potentially Reduced-Risk Products*...

First manufacturing facility for large scale production of heated tobacco products Anticipated investment of approximately EUR 500 million for the facility and pre-existing pilot plant Up to 600 new jobs when fully operational Total initial annual capacity …

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Published on September 22, 2016 - 19:30 GMT

Philip Morris International Inc. to Host Webcast of 2016 Investor Day

Philip Morris International Inc. to Host Webcast of 2016 Investor Day September 22, 2016

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Published on September 16, 2016 - 10:04 GMT

Philip Morris International Welcomes Broad Interest for PMI IMPACT; New Global Initiative to Fight Smuggling and Related ...

LAUSANNE, Switzerland--(BUSINESS WIRE)--Sep. 15, 2016-- Philip Morris International Inc. (PMI) (NYSE/Euronext Paris: PM) announced today that the response to PMI IMPACT, its new global funding initiative for third party projects dedicated to fighting …

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Published on September 14, 2016 - 08:35 GMT

Philip Morris International Inc. Increases Dividend by 2% to an Annualized Rate of $4.16 Per Share

NEW YORK--(BUSINESS WIRE)--Sep. 14, 2016-- Regulatory News: The Board of Directors of Philip Morris International Inc. (NYSE/Euronext Paris: PM) today increased the company’s regular quarterly dividend by 2% to an annualized rate of $4.16 per share. …

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Published on September 6, 2016 - 12:45 GMT

Philip Morris International Releases First “Update” on Their Scientific Research to Develop and Assess Potentially ...

LAUSANNE, Switzerland--(BUSINESS WIRE)--Sep. 6, 2016-- Philip Morris International Inc. (NYSE/Euronext Paris: PM) today releases the first Reduced-Risk Product (RRP) Scientific Update, a regular publication on its research efforts to develop and assess …

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Published on July 19, 2016 - 11:18 GMT

Philip Morris International Inc. (PMI) Reports 2016 Second-Quarter Results; Revises 2016 Full-Year Reported Diluted EPS ...

Reflecting Currency-Neutral Growth of Approximately 10% to 12% vs. 2015 Adjusted Diluted EPS of $4.42 NEW YORK--(BUSINESS WIRE)--Jul. 19, 2016-- Regulatory News: 2016 Second-Quarter Reported diluted earnings per share of $1.15, down by $0.06 or 5.0% versus …

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Published on July 12, 2016 - 13:55 GMT

Philip Morris International Inc. to Host Webcast of 2016 Second-Quarter Results

NEW YORK – July 12, 2016 – Philip Morris International Inc. (NYSE/Euronext Paris: PM) will host a live audio webcast at www.pmi.com/webcasts on Tuesday, July 19, 2016, at 9:00 a.m. ET to discuss its 2016 second-quarter results, which will be issued …

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Published on July 11, 2016 - 02:16 GMT

Philip Morris International Comments on Tribunal’s Decision in Arbitration Between PMI and Uruguay

LAUSANNE, Switzerland--(BUSINESS WIRE)--Jul. 8, 2016-- Philip Morris International Inc. (PMI) (NYSE/Euronext Paris: PM) today comments on the decision of an ICSID tribunal in the arbitration between PMI and Uruguay regarding two regulations that …

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Published on June 8, 2016 - 10:02 GMT

53 billion illegal cigarettes consumed in the European Union last year

New KPMG report for British American Tobacco, Imperial Tobacco, Japan Tobacco International and Philip Morris International finds that governments lose up to EUR 11.3 billion in revenues Non-EU contraband and counterfeit increased to 88% LONDON--(BUSINESS …

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Published on June 3, 2016 - 04:56 GMT

PHILIP MORRIS INTERNATIONAL INC. DECLARES REGULAR QUARTERLY DIVIDEND OF $1.02 PER SHARE

NEW YORK, December 9, 2015 -- The Board of Directors of Philip Morris International Inc. (NYSE / Euronext Paris: PM) today declared a regular quarterly dividend of $1.02 per common share, payable on January 8, 2016, to shareholders of record as of …

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Published on May 27, 2016 - 11:37 GMT

Philip Morris International Launches New Initiative to Fight Smuggling and Related Crimes; Pledges USD 100 Million to ...

LAUSANNE, Switzerland--(BUSINESS WIRE)--May 27, 2016-- Philip Morris International Inc. (PMI) (NYSE /Euronext Paris: PM) announced today a major new initiative — “PMI IMPACT” — to help confront smuggling and related crimes. The centerpiece of PMI …

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