Tag Archives: illicit cigarettes

Cigarettes: tax up, prices up, illicit trade up

Surging taxes and prices in Egypt have led to a steep increase in the country’s illicit trade in cigarettes, according to a story by Fatima El-Saadani for Business Today Egypt, relayed by the TMA. Egypt raised its cigarette tax in July 2010 by 84 per cent, which led to a 48 per cent increase in prices, and it raised its … Continue reading Continue reading

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Turkish tobacco manager detained in bootleg raids

Turkey’s Smuggling and Organized Crimes Department has detained 48 people, including the head of European Tobacco’s local branch, in raids across the country to combat the bootlegging of cigarettes. Turkish police had been monitoring European Tobacco’s activities and transactions of the company for almost 14 months before swooping Saturday to detain the 48, including European Tobacco board member Hulusi Kaymaz, … Continue reading

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