Archive - March 2023

ZIMBABWE
Tobacco auction sales drop by 18%

So far this season, 17 million kg of tobacco have been sold at Zimbabwe’s auction and contract floors bringing in USD 50.9 million which is less than last...

UNITED KINGDOM
Btomorrow Ventures names new MD

Btomorrow Ventures (BTV), BAT’s corporate venture unit, has appointed a new Managing Director, Juan M. Palacios.

Palacios was previously head of BAT’s...

UNITED STATES
Juul and Altria to face first trial

Juul Labs Inc and Altria Group Inc are set to face their first US trail over claims that they created a public nuisance by marketing their e-cigarettes to...

ARGENTINA
Argentina bans e-cigarettes

The Ministry of Health of Argentina has prohibited the importation, distribution, commercialization and advertising of e- cigarettes and their accessories...

EGYPT
Eastern Company increases prices

Eastern Company has increased the price of all its products including cigarettes, cigars, and hookah tobacco, reports Daily News Egypt.
The company’s board...

UNITED STATES
Altria expands smoke-free product line

Altria has unveiled two new smoke-free products it is developing to move smokers away from their current main product, the Richmond Times-Dispatch...

UNITED KINGDOM
75% want a ban on disposable vapes

The survey was conducted by YouGov on behalf of the Marine Conservation Society, which highlighted the growing number of the plastic devices in its annual...

TAIWAN
New tobacco regulations take effect

Taiwan's new Tobacco Hazards Prevention Act came into force on 22 March, providing steep fines for inbound passengers bringing heated tobacco products into the...

ZIMBABWE
High rejection rate at tobacco auctions

Farmers are concerned over the amount of rejected tobacco bales at auction after the TIMB registered up to 18 per cent of rejected bales on given days, reports...

UNITED ARAB EMIRATES
Rothschild to advise Al Fakher

The owner of tobacco company Al Fakher has hired Rothschild & Co to advise it on strategic options, including a possible initial public offering (IPO), two...

ZIMBABWE
Initial tobacco sales reach USD 19.4 million

Zimbabwe’s tobacco marketing season is underway with farmers having sold USD 19.4 million worth of tobacco in six days so far, reports NewsDay.

Statistics...

UNITED STATES
FDA issues MDOs for two Vuse Solo products

The US Food and Drug Administration (FDA) has issued marketing denial orders (MDOs) for two of R.J. Reynolds Vapor Company menthol e-cigarette products...

UNITED STATES
FDA authorizes Copenhagen Classic Snuff as MRTP

The US Food and Drug Administration (FDA) has authorized U.S. Smokeless Tobacco Company’s Copenhagen Classic Snuff to be marketed as a modified risk tobacco...

UNITED KINGDOM
BAT urged to quit London for US

British American Tobacco (BAT) is facing pressure to move its primary listing to New York after a top-five shareholder said it “makes no sense” for the...

UNITED KINGDOM
Tobacco tax hiked by almost 15%

The price of a 20-pack of cigarettes will go up by GBP 1.89 after the Chancellor of the Exchequer Jeremy Hunt announced the Spring Budget included a rise in...

OMAN
Plain packaging for tobacco products

The Ministry of Commerce, Industry and Investment Promotion (MoCIIP) has announced that Oman will be adopting plain packaging for tobacco products, reports...

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