VOICED: Cut-price cigarettes prompt health fears in Senegal

Philip Morris surprised the Senegalese market by reducing Marlboro cigarette prices significantly, raising concerns from the Health Ministry about potential health impacts. The government is preparing new regulations to control cigarette advertising and pricing. Despite these efforts, Senegal and other developing regions remain key markets for cigarette companies due to high growth potential.

How does the price reduction of cigarettes affect tax receipts in Senegal?

Why might Senegal and the developing world remain important markets for cigarette firms?