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Illegal cigarettes now account for almost 25% of the market – Carreras boss

Managing Director of Carreras Limited, Marcus Steele, says the rapidly growing illegal cigarette trade now accounts for almost 25 per cent of the total cigarette market in Jamaica.
“The illicit trade in cigarettes has been an ongoing challenge not only for the legal tobacco industry, but also for the Government, which we estimate continues to lose almost $5 billion in revenues annually as a result of this illicit trade” Steele said in a statement in reaction to Thursday’s seizure of 539 cartons of assorted counterfeit cigarettes in Clarendon.

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