The Tobacco Institute of Southern Africa has announced that it is to wind up its operations. Its members have taken a decision to redeploy their resources to fulfil their individual strategic objectives.
Going forward, TISA members will continue to work on issues of individual and shared concern, most notably fighting the illicit trade in tobacco, a task which they believe to be in the national interest.
The illegal cigarette market in South Africa is a multi-billion Rand industry which cost the South African taxpayer more than R8 billion in lost taxes last year alone, and more than R40 billion since 2010.
TISA Chairman, Francois van der Merwe says: “TISA has, over the years, achieved significant successes for the legal industry, representing the interests of all members, across the full value chain of tobacco. A solid foundation has been laid and it is now time for individual members to build on the groundwork laid by TISA.”
“TISA thanks all stakeholders, Government as a whole, civil society, the media and many more for their partnerships and support over the years. It has been an honour to represent an industry that contributes so much to the socio-economic wellbeing of South Africa. We are very proud of the work we have done and wish the members much success as they continue in their efforts to ensure a sustainable future for tobacco in South Africa.”
For any queries in the future, kindly contact tobacco companies directly.