Ayesha Nyanzunda
Th national treasury has announced the introduction of an excise duty on vape products to reduce the negative externalities associated with electronic cigarette use.
Finance, Economic Development, and Investment Portfolio Minister Mthuli Ncube revealed this during the midterm review budget presentation.
Speaking during the presentation of the midterm review budget, Finance, economic development and investment portfolio Minister Mthuli Ncube said,
“In order to curb the negative externalises associated with the consumption of electronic cigarettes, I propose to introduce Excise Duty at the rate of US$0.5 per ml of contents of every electronic cigarette product”
Vaping is becoming increasingly popular among young people around the world, especially in Zimbabwe. Some people believe that vaping is safer than smoking. However, this is not always the case.
Although vaping water appears to be a safer alternative to nicotine e-liquids, it does pose some hazards.
Vaping is inhaling an aerosol containing multiple substances, including nicotine and flavouring, via an e-cigarette or other device.
In November last year, the government will introduce a levy of sugary beverages as it seeks to discourage citizens from consuming too much sugar, which has been blamed for causing some forms of cancer.