British American Tobacco (BAT) Archives | 263Chat, Convening dialogue in Zimbabwe

Zimbabwe Stock Exchange-listed cigarette manufacturer, British American Tobacco (BAT) Zimbabwe suffered major decline in production volumes owing to low product uptake and high operating costs but still managed to achieve a profit position, the company’s latest trading performance for the nine months to September 30

Business

Retrenchment Costs Choke BAT

August 7, 2018

author: Jeoffrey Ncube

Zimbabwe Stock Exchange listed, British American Tobacco (BAT) administrative expenses for the half year ended 30 June 2018 dropped by 37 percent to US$2.3 million due to savings initiatives and once off retrenchment costs incurred by the company in the first half of 2017. According to