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

Breaking News
Ghana strikes $2bn deal to extend Jubilee and TEN oil fields to 2040
Read More »
etty-fidele-oJpkjWcScyg-unsplash
Nigeria sets sights on cocoa processing as global prices soar
Read More »
Allen dreyfus Logo
Ghana’s $253M Saderea restructuring talks collapse as creditors reject IMF-aligned offer
Read More »

Recent Politics

edouard-tamba-VToLWHjHINc-unsplash
Cameroon faces uncertainty as Kamto confirms 2025 Presidential bid
Read More »
etty-fidele-oJpkjWcScyg-unsplash
Nigeria sets sights on cocoa processing as global prices soar
Read More »
francesco-ungaro-D4JJN6-HjWA-unsplash
Nigeria’s debt-to-GDP set to surge to 67% amid $21.5 billion borrowing plan
Read More »

Latest Posts

Latest news insights