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.

Recent Business

Pile of gold bullion coins and bars. Photo by Zlaťáky @ Unsplash
DR Congo opens first gold refinery to enhance value addition
Read More »
Oil train. Photo by Jakub Pabis @ Unsplash
Iran war shock: Why Africa’s economies are suddenly in the firing line
Read More »
The Central Business District of Kigali, Rwanda. Photo by Andreas @ Pixabay
Rwanda’s Development Bank launches $17.7m sustainability-linked bond to deepen green finance
Read More »

Recent Politics

Uganda president Yoweri Kaguta Museveni. Photo: Yoweri Kaguta Museveni/Facebook
Can Museveni’s leadership and a new funding model rescue East Africa from chronic cash crises?
Read More »
Nigeria young voters protest for reforms. Photo by Ayoola Salako @ Unsplash
Nigeria’s 2027 election raises political risk for investors
Read More »
Edwin Sifuna, Kenya's ODM secretary-general. Photo: Edwin W Sifuna/Facebook
Is Edwin Sifuna Kenya’s new Raila Odinga?
Read More »

Latest Posts

Latest news insights