Tax revenue lost due to illicit trade of alcohol, tobacco could've paid for vaccines – analyst

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President Cyril Ramaphosa lifted the sales ban n alcohol products this week. (Photo by Gallo Images/Jacques Stander)
President Cyril Ramaphosa lifted the sales ban n alcohol products this week. (Photo by Gallo Images/Jacques Stander)

The leakage of tax revenues, as a result of the proliferating illicit trade in the alcohol and tobacco industries amid the sales ban, could have potentially been used to pay for vaccines, according to a tax expert.

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