Search

Senegal Raises Tobacco Tax in Push for Fiscal Reform

© Unsplash
  • Government hikes specific tax on tobacco imports from 65% to 70%
  • Policy part of broader plan to curb deficit and expand revenue base

Senegal has increased the specific tax applied to imported tobacco and tobacco products from 65% to 70%, as part of a broader effort to widen its tax base and boost government revenue. The hike, which also applies to tobacco waste and new tobacco products, was enacted under the 2025 Finance Act, the commerce ministry said this week.

You need an active subscription to continue reading this article.

Recent Business

Elderly woman on a busy street. Photo by Ink Pond @ Unsplash
Nigeria’s pension assets hit record $17 billion amid reform success
Read More »
Giza, Egypt. Photo by Phillip Wang @ Unsplash
Egypt sees record $26.6bn remittance surge as reforms pay off
Read More »
Mozambique fisherwomen. Photo by Antonella Ragazzoni @ Unsplash
African Development Bank renews $2m drought insurance for Mozambique
Read More »

Recent Politics

Worsening floods, droughts as a result of climate change hit Africa. Photo by Matt Palmer @ Unsplash
Rwanda targets $12bn to tackle climate crisis and cut emissions by 53%
Read More »
William Ruto, President of The Republic of Kenya. Photo: @ William Ruto/Facebook
Kenya faces political uncertainty after Raila Odinga’s death
Read More »
Nigeria young voters protest for reforms. Photo by Ayoola Salako @ Unsplash
Nigeria’s opposition weakens as governors, lawmakers flock to ruling party
Read More »

Latest Posts

Latest news insights