Zim loses US$248m to illicit cigarette deals

  LIVINGSTONE MARUFU   Zimbabwe could be losing US$248m annually to illicit cigarette deals owing to a mixed taxing regime that benefits cartels at the expense of industry players, business leaders have said. It comes after Finance and Economic Development Minister, Mthuli Ncube increased excise duty on cigarettes to 25% + US$5/1000 from 20% +…