Tobacco News

DFL Gov. Mark Dayton and Democratic legislative leaders reached a budget agreement Sunday, which calls for $ 2 billion in new taxes and increasing spending on schools and property tax relief.
The Democrats are relying on a hike in tobacco taxes and the governor of the long-awaited increase in income taxes on high income to pay for new spending. The budget outline scraps proposed sales tax on clothing, but lawmakers continue to consider the revival of at least part of the tax plan criticized enterprise services. Read more

Zimbabwe still earned more than U.S. $ 86 million from the sale of 21.4 million pounds of tobacco at an average price of US $ 4, 04 per kg. Read more

The 2013 tobacco marketing season due to begin on 13 February, auction sales while the sales contract will start a day later. Only three stories – tobacco sales floor Limited, Boka tobacco auction floor and prime tobacco auction floors – were licensed to buy tobacco from farmers while the tobacco auction floors Millennium inadequate TIMB author.
Tobacco Industry and Marketing Board chief executive Dr Andrew Matibiri said they were expecting a good harvest for the quality of rainfall, which declined in the country since mid-December. Read more

With menthol cigarettes to be banned and cigarette packs sold with a repulsive image of rotting lungs, the European Union has launched a new anti-smoking proposals on Wednesday, the first in a decade.
“Tobacco kills half of its users and is highly addictive,” said EU Health Commissioner Tonio Borg, himself a former smoker. “We do not prohibit smoking; we strive to make it less attractive.
Almost 700,000 Europeans die from tobacco-related diseases each year, equal to the population of Frankfurt and Palermo, and Borg hopes to reduce by 27 per cent block of smokers by two percentage points over five years. Read more

If you are a U.S. citizen, an American, and you do not have the privilege to enjoy the Cuban Havana, the Dominican Republic is your next best place for first-class cigars. This is where I went on business last month, and I found a few minutes to visit a local shop “Hecho Mano” (hand-rolled) diversity. The prices were much cheaper than in North America, and ranged from $ 5 to $ 25 for the Dominican Superstar, Arturo Fuente Fuente Opus X by Arturo Fuente family, who call themselves the “Reigning Family premium cigars.” I bought two; as you need to share one discuss the experience of smoking Rolls Royce of cigars. Before light it, the smell of the shell and filling separately. Read more

The British firm, which sells over 340 billion cigarettes annually of brands such as Davidoff, Gauloises, JPS and West, on Tuesday said adjusted earnings rose to 201.0 pence a share for the year to end-September, ahead of a company-compiled consenus of 199.6 pence.

It raised the annual dividend by 11 percent to 105.6 pence a share, boosting its payout ratio from earnings to 52.5 percent. Ream more »

On October 16th parliament passed the Customs and Excise (Tobacco Products-Budget Measures) Amendment Bill, approving an annual 10 percent increases to excise duties on tobacco products for the years from 2013 to 2016.

Explaining the need to raise the excise duties, the Associated Health Minister Tariana Turia said that “…smoking continues to be by far New Zealand’s single leading cause of avoidable death and disease,” and “…these tobacco excise increases will save lives. Ream more »

American lobby groups condemning the Government’s bid for plain packaging on cigarettes are attempting to muddy the debate and their arguments should be scrutinised, a marketing professor says.

At least two US lobby groups have backed claims by British American Tobacco (BAT) in a campaign costing hundreds of thousands of dollars that there is no evidence plain packaging will reduce smoking.
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Asthma is no walk in the park. I’ve been having some very annoying asthma attacks over the past few months—no thanks to the ridiculously erratic weather and the countless smoke-befogged boardrooms and offices I’ve had to endure lately. And the doctor gave me a choice between the beach or my room. Ream more »

BRITISH American Tobacco (BAT), the JSE’s largest listing with a market capitalisation of R878bn, is investing £100m to develop a series of smoking alternatives as tobacco bans and higher taxes persuade smokers to quit the habit.

Speaking to the Financial Times yesterday, BAT CE Nicandro Durante said the company was looking at lower-risk alternatives to traditional cigarettes such as noncombustible cigarettes, which heat tobacco rather than burn it, and nicotine inhalers. Ream more »