Germany's smoking rate sees major rise since start of the pandemic
August 27, 2022, 10:16 am

Germany's smoking rate sees major rise since start of the pandemic

Cigarettes-Ashtray/Pixabay

A long-term study showed that the proportion of smokers in Germany has risen significantly since the start of the coronavirus pandemic.

The ongoing German Survey on Smoking Behaviour (DEBRA) found, more than one-third (34.5%) of people aged 14 and older are smoking.

Before the pandemic erupted in early 2020, it was about 27%, according to the representative survey that monitors the smoking habits of the wider population, the DPA reported.

Epidemiologist and DEBRA director Daniel Kotz described the increase as a frightening development.

Kotz attributes the trend primarily to the relapse of ex-smokers who have started smoking again due to the stress and anxiety caused by the Covid-19 pandemic.

But, he said, it was still the case that many young people in Germany never start smoking in the first place - unlike in the 1970s, 1980s and 1990s.

A long-term study showed that the proportion of smokers in Germany has risen significantly since the start of the coronavirus pandemic - Photo: Pixabay

"It is encouraging that fewer and fewer young people are smoking," echoed Christina Rummel, managing director of the German Centre for Addiction Issues. "Unfortunately, we are currently observing a contrary trend among adults."

Rummel is among those saying the government is not doing enough to stub out smoking with a robust prevention policy.

She said: "In terms of tobacco control policy, Germany is among the laggards in an international comparison.”

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Rummel said: "The example of New Zealand shows that things can be done differently: there, the sale of cigarettes is to be banned completely in the long term. A sustainable reduction in tobacco consumption also belongs at the top of the health policy agenda in Germany.”

Katrin Schaller of the German Cancer Research Center in Heidelberg said Germany needs to crack down on advertisements and vending machine sales.

She continued: "Smokers are offered too few incentives to stop smoking, and they receive too little support to quit. In addition, manufacturers are increasingly launching new products such as e-cigarettes, tobacco heaters and nicotine pouches.”

Source: anews

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BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, held its Annual General Meeting (AGM) at the company’s headquarters in the Seef District.
During the meeting, shareholders approved all items listed on the agenda, including the ratification of the minutes of the previous AGM held on 26 March 2024. The session reviewed and approved the Board’s Annual Report on the company’s activities and financial performance for the fiscal year ended 31 December 2024, and the shareholders expressed their satisfaction with the company’s operational and financial results during the reporting period.
The meeting also reviewed the Independent External Auditor’s Report on the company’s consolidated financial statements for the year ended 31 December 2024. Subsequently, the shareholders approved the audited financial statements for the fiscal year. Based on the Board’s recommendation, the shareholders approved the distribution of a cash dividend equivalent to 10% of the paid-up share capital.
Furthermore, the shareholders endorsed the allocation of a total amount of BD 172,500 as remuneration to the members of the Board for the year ended 31 December 2024, subject to prior clearance by related authorities.
The extension of the current composition of the Board was approved, which includes ten members and one CBB observer, for a further six-month term, expiring in September 2025, pending no objection from the CBB.
The meeting reviewed and approved the Corporate Governance Report for 2024, which affirmed the company’s full compliance with the corporate governance directives issued by the CBB and other applicable regulatory frameworks. The AGM absolved the Board Members of liability for any of their actions during the year ending on 31st December 2024, in accordance with the Commercial Companies Law.
In alignment with regulatory requirements, the session approved the reappointment of Ernst & Young (EY) as the company’s External Auditors for the fiscal year 2025, covering both the parent company and its subsidiaries—Sinnad and Bahrain FinTech Bay. The Board was authorised to determine the external auditors’ professional fees, subject to approval from the CBB, and the meeting concluded with a discussion of any additional issues as per Article (207) of the Commercial Companies Law.
Speaking on the company’s performance, Mr. Mohamed Al Bastaki, Chairman BENEFIT , stated: “In terms of the financial results for 2024, I am pleased to say that the year gone by has also been proved to be a success in delivering tangible results. Growth rate for 2024 was 19 per cent. Revenue for the year was BD 17 M (US$ 45.3 Million) and net profit was 2 Million ($ 5.3 Million).

Mr. Al Bastaki also announced that the Board had formally adopted a new three-year strategic roadmap to commence in 2025. The strategy encompasses a phased international expansion, optimisation of internal operations, enhanced revenue diversification, long-term sustainability initiatives, and the advancement of innovation and digital transformation initiatives across all service lines.
“I extend my sincere appreciation to the CBB for its continued support of BENEFIT and its pivotal role in fostering a stable and progressive regulatory environment for the Kingdom’s banking and financial sector—an environment that has significantly reinforced Bahrain’s standing as a leading financial hub in the region,” said Mr. Al Bastaki. “I would also like to thank our partner banks and valued customers for their trust, and our shareholders for their ongoing encouragement. The achievements of 2024 set a strong precedent, and I am confident they will serve as a foundation for yet another successful and impactful year ahead.”
Chief Executive of BENEFIT; Mr. Abdulwahed AlJanahi commented, “The year 2024 represented another pivotal chapter in BENEFIT ’s evolution. We achieved substantial progress in advancing our digital strategy across multiple sectors, while reinforcing our long-term commitment to the development of Bahrain’s financial services and payments landscape. Throughout the year, we remained firmly aligned with our objective of delivering measurable value to our shareholders, strategic partners, and customers. At the same time, we continued to play an active role in enabling Bahrain’s digital economy by introducing innovative solutions and service enhancements that directly address market needs and future opportunities.”
Mr. AlJanahi affirmed that BENEFIT has successfully developed a robust and well-integrated payment network that connects individuals and businesses across Bahrain, accelerating the adoption of emerging technologies in the banking and financial services sector and reinforcing Bahrain’s position as a growing fintech hub, and added, “Our achievements of the past year reflect a long-term vision to establish a resilient electronic payment infrastructure that supports the Kingdom’s digital economy. Key developments in 2024 included the implementation of central authentication for open banking via BENEFIT Pay”
Mr. AlJanahi concluded by thanking the Board for its strategic direction, the company’s staff for their continued dedication, and the Central Bank of Bahrain, member banks, and shareholders for their valuable partnership and confidence in the company’s long-term vision.