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Going local?
New tales of
greed and thrift in the cigarette price saga
by Tarek Atia
(cairolive.com, February 11, 2002)
 The
Eastern Company, expecting a boost in consumption of locally-made
cigarettes now that foreign brands have gone up to a punishing LE5.50 a
pack, increased its market distribution by 21 million cigarettes to 200
million cigarettes a day, it was reported recently.
The cigarette price
saga has been on the front pages of most papers over the past few weeks,
and most recently, a tiny item on Al-Ahram's front page again reassured
consumers that there was no plan to increase the prices of local
cigarettes at this time.
In a related
development, Al-Wafd recently fronted a police bust of a merchant in
Alexandria who had stored up some 4000 cartons of foreign brand
cigarettes over the past few months -- with no concern as to the quality
of the tobacco -- in response to the rumors that the price was going up.
The tiny item is titled "Al-Gashaa" (Greed).
Related on
cairolive.com:
A break for the pound?
The state of the
economy is the number one concern of policymakers, the press and the public
(February 4, 2002)
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