Search / British american tobacco
Companies reel under crippling costs, regulatory chaos
Zimbabwe's formal business sector is under severe strain as economic pressures mount, with industry leaders warning that ongoing policy inconsistencies, regulatory confusion, and worsening macroeconom...Published: 10 Jul 2025 at 09:08hrs | 249 | by Staff reporter
ZSE rebases bourse to reflect ZiG
THE Zimbabwe Stock Exchange (ZSE) is re-basing all its indices following the introduction of a new currency, Zimbabwe Gold (ZiG), last week.ZSE said all the ZSE indices would be re-based to 10...Published: 09 Apr 2024 at 06:22hrs | 7 | by Staff reporter
Zimbabwe central bank must consider introducing a ZW$500 000 note
This week, a prominent price monitoring thinktank emphasized the need for the Reserve Bank of Zimbabwe (RBZ) to contemplate the introduction of a ZW$500,000 note as the Zimbabwean currency continues t...Published: 22 Oct 2023 at 14:06hrs | 1 | by Staff reporter
Zimbabwean cigarette smuggler, SA police in shootout
A 28-YEAR-OLD Zimbabwean was nabbed in Musina, South Africa, following a shootout with police on Sunday after attempting to smuggle local cigarettes worth ZAR348 000 to the neighbouring country....Published: 31 Aug 2023 at 06:45hrs | 3 | by Staff reporter
SA companies caught in Russia-Ukraine crossfire
JSE counters with even a remote connection to the Russia-Ukraine conflict have taken a pounding in the past week as gun-shy investors decided they were not worth the risk.Leading the fall was ...Published: 02 Mar 2022 at 05:39hrs | 10 | by Staff reporter
Prophet Isaiah Sovi raises Africa's flag in Dubai
Charismatic Prophet and Businessman Isaiah Brian Sovi has been hailed for being one of the few young businesspersons from Africa who attended the recently held Africa-Dubai Investment summit whic...Published: 01 Oct 2021 at 14:12hrs | 7 | by Mandla Ndlovu
CIO boss entangled in BAT bribery scandal
A joint investigation by the Bureau of Investigative Journalism, BBC Panorama and the University of Bath reveals British American Tobacco (BAT) was linked to a conspiracy to pay a bribe of between US$...Published: 18 Sep 2021 at 19:39hrs | 3 | by Staff reporter
Zanu-PF caught in bribery storm
A COLLABORATIVE probe by a British media house, the Bureau of Investigative Journalism and the University of Bath, has exposed how the ruling Zanu-PF party received mouth-watering bribes from the Brit...Published: 14 Sep 2021 at 06:18hrs | 1 | by Staff reporter
British American Tobacco (BAT) negotiated bribe for Mugabe, new evidence suggests
A BBC Panorama investigation has found evidence that suggests one of Britain's biggest companies paid a bribe to the former Zimbabwean leader Robert Mugabe.Documents show British American Toba...Published: 13 Sep 2021 at 10:26hrs | 16 | by BBC
BAT records 27% jump in sales volumes
BRITISH American Tobacco (BAT) says increased investment-related strategies led to a 27% rise in sales volumes compared to the same period last year despite the challenging operating environment exace...Published: 08 Sep 2021 at 06:10hrs | 1 | by Staff reporter
Biti's pessimism over RBZ forex auction defied by listed companies
LISTED companies reporting their latest financials have effectively defied claims made by former finance minister, Tendai Biti the Reserve Bank of Zimbabwe foreign exchange auction system was a rigged...Published: 21 Apr 2021 at 06:59hrs | 2 | by Staff reporter
Duty hikes to affect BAT volumes
VOLUMES at the Zimbabwe Stock Exchange-listed cigarette producer, British American Tobacco (BAT) will remain under pressure until the second half of 2021 as recent excise duty hikes may trigger price ...Published: 16 Apr 2021 at 07:55hrs | 4 | by Staff reporter
BAT rated best ZSE counter
BRITISH American Tobacco (BAT ) Zimbabwe has been rated the top counter on both the Zimbabwe Stock Exchange (ZSE)'s top 10 and 15 indexes for the second quarter of 2021.BAT's rating was announ...Published: 12 Apr 2021 at 07:08hrs | 11 | by Staff reporter
Firms hail forex auction system
ZIMBABWE'S biggest companies have hailed central bank governor, John Mangudya's foreign currency auction system for defusing a forex crisis that had affected production in the past year.The Re...Published: 20 Nov 2020 at 06:08hrs | | by Staff reporter
Rushed Zim Dollar introduction cost the economy
The Zimbabwean government recently gazetted the Finance Bill (H.B.4 of 2020) which validates the fiscal changes that were tabled in the Mid-Term budget review in July 2020. The Bill amends the Gains T...Published: 22 Sep 2020 at 18:17hrs | | by Victor Bhoroma
Bread shortages loom
A bread shortage is looming after local millers ran out of wheat due to foreign currency shortages to import the cereal. The country has been facing challenges in wheat availability of late in...Published: 13 Jun 2019 at 07:52hrs | 1 | by Staff reporter
'IPSOS poll exaggerates 'illicit cigarette' market share'
Following the publication of an Ipsos survey on the "illegal cigarette market" and related issues, which was carried by various South African publications, an impression was given that British A...Published: 05 Apr 2019 at 16:18hrs | 2 | by Lekan Ayo-Yusuf
Billions missed through raw tobacco exports
Zimbabwe prepares for the opening of the 2019 Tobacco Marketing season set to start on the 21st of March, the local market is hyped up in anticipation. In 2018, Zimbabwe produced an all-time high of 2...Published: 10 Mar 2019 at 07:10hrs | 11 | by Victor Bhoroma
'BAT Zimbabwe not sponsoring Dembare'
TOBACCO giant BAT Zimbabwe have refuted social media reports that they have entered into a sponsorship deal with Harare giants Dynamos. There has been growing rumours in the social media circl...Published: 04 Mar 2019 at 07:09hrs | 2 | by Staff reporter
No going back on 2% tax, says Mnangagwa
President Mnangagwa yesterday said the Intermediary Money Transfer Tax of 2 cents will remain in force as it is critical in transforming the economy, which has suffered from two decades of stagnation....Published: 09 Oct 2018 at 06:40hrs | | by Staff reporter
Mthuli Ncube embarks on stakeholder listening & consulting roadshow
Minister of Finance and Economic Development Professor Mthuli Ncube embarks on stakeholder listening and consulting roadshow, starting with private meeting with fifty captains of industry.&nbs...Published: 12 Sep 2018 at 12:46hrs | 1 | by Agencies
Business loses confidence in Mnangagwa
THE business community appears to have lost confidence in President Emmerson Mnangagwa's new political dispensation, with the latest Confederation of Zimbabwe Industries (CZI)'s composite Business Con...Published: 25 May 2018 at 07:17hrs | | by Staff rpeorter
Foreign investors prey on ZSE
Foreign investors are buying more than they are selling on the Zimbabwe Stock Exchange (ZSE) with interest in blue-chip counters.Statistics from the bourse show that foreign investors have bee...Published: 06 May 2018 at 10:10hrs | 2 | by Staff reporter
ZSE unmoved by Mnangagwa sacking
THE Zimbabwe Stock Exchange slowly edged on this week, unmoved by the sacking of Vice President Emmerson Mnangagwa and the ensuing political turmoil in government.The ZSE's market capitalisati...Published: 09 Nov 2017 at 09:24hrs | | by Staff reporter
Share ownership schemes empower communities
Since the adoption of the indigenisation and economic empowerment policy by the Zimbabwean Government ten years ago, a number of communities have benefitted from the programme. This has helped t...Published: 19 Sep 2017 at 14:19hrs | 1 | by Nobleman Runyanga
Tobacco farming transforms Zimbabweans' lives
Thomas Chakauya (not his real name) from Odzi Farm in Odzi, Manicaland Province of Zimbabwe has just sold his tobacco crop and has managed to roof the five-roomed house, which he started building two ...Published: 17 Sep 2017 at 17:22hrs | | by Nobleman Runyanga
Meet Southern Africa's billionaires
There are 11 billionaires from the Sadc region on this year's Forbes list of 25 billionaires on the African continent.The list, released in March, showed that Mohammed Dewji of Tanzania is sti...Published: 08 Aug 2017 at 08:07hrs | 17 | by Staff reporter
ZSE recovers as foreign investors flee
While the Zimbabwe Stock Exchange continued its rebound closing last week at 112.03 points after the industrial index gained 10.82 percent, foreign investors have continued exiting the course and ...Published: 17 Oct 2016 at 07:28hrs | | by Staff reporter
Elite police aide cigarette smuggling
An elite police unit has been escorting vans belonging to multinational cigarette company British American Tobacco at taxpayers’ expense.A City Press special investigation reveals that the p...Published: 19 Jul 2015 at 14:17hrs | | by Staff Reporter
Delta, BAT trading at a premium, says analyst
HARARE - As a few optimistic investors scurry for large-cap stocks on the Zimbabwe Stock Exchange (ZSE) in view of their perceived safety, this could have swelled their stock prices to between "fully-...Published: 28 May 2015 at 06:49hrs | 1 | by Tawanda Musarurwa
CBZ, ABC Holdings scoop top corporate governance awards
CBZ Holdings has won the 2014 trophy for the Best Governed Company on the Zimbabwe Stock Exchange, while ABC Holdings was awarded the trophy for the Best Governed Banking Institution. Fin...Published: 17 Nov 2014 at 12:28hrs | 1 | by Mike Hamilton
Costa Rican branding expert to address ZimTrade Conference
A Branding Expert from Costa Rica, Ms. Carolina Leñero, will deliver the Key Note address at the forthcoming 2014 ZimTrade Annual Exporters' Conference scheduled for 2 October at the Meikles Hotel, H...Published: 01 Oct 2014 at 07:55hrs | 1 | by Dillon Kamutenga
Delta, Dairibord fight over advertising
An advertising war has erupted between two of the country's leading beverage manufacturers, Delta Beverages and Dairibord Holdings.Delta Beverages recently erected a billboard along Rekai ...Published: 14 Sep 2014 at 10:42hrs | | by Staff reporter
Zimbabwe should make hay while the SADC Chairmanship shines
Visitors help hosts straighten up very quickly. In anticipation of any guests, we find ourselves cleaning those crevices of our homes that we ordinarily would not attend to, so as to make a good impre...Published: 15 Aug 2014 at 18:47hrs | | by Victor Kgomoeswana
BAT Zimbabwe unit declares 100% dividend
BAT Zimbabwe, the Zimbabwe unit of British American Tobacco, on Friday put a smile on its shareholders' faces after it declared a 100% dividend payout. After recording basic earnings ...Published: 28 Jul 2014 at 14:35hrs | | by Staff reporter
ICSAZ introduces new ECG Awards category for banks
The Institute of Chartered Secretaries and Administrators in Zimbabwe has announced there will be a special award category for financial institutions in this year's Excellence in Corporate Governa...Published: 24 Jun 2014 at 13:46hrs | 1 | by Mike Hamilton
Jonathan Moyo steps out after Mugabe attack
INFORMATION Minister Jonathan Moyo yesterday had his first public engagement after the weekend tirade against him by President Robert Mugabe over Zanu PF factionalism.Moyo stepped out to tour...Published: 12 Jun 2014 at 05:37hrs | 3 | by Staff Reporter
'We are not going anywhere,' BAT tells Zim Govt
British American Tobacco Plc has engaged the Government to commit its long-term presence in the country.BAT Zimbabwe managing director Lovemore Manatsa yesterday said the Government was one of...Published: 11 Jun 2014 at 15:12hrs | 1 | by Staff reporter
Prof Jonathan Moyo attends Cabinet meeting chaired by Mugabe
INFORMATION, Media and Broadcasting services minister is continuing with his work in government despite a vicious attack against him by President Robert Mugabe.Moyo, despite being accused of ...Published: 11 Jun 2014 at 07:17hrs | 2 | by Staff reporter
Global investors head for Imara's Zim conference
Recent lacklustre performance by the Zimbabwe economy has not stopped global investors flocking to the annual conference staged in Harare by Imara Edwards, the country's leading stockbroker and their ...Published: 27 May 2014 at 11:45hrs | 3 | by Business reporter
Mugabe's niece linked to cigarette smuggling
Johannesburg - A prominent Zimbabwe tobacco company, with ties to President Robert Mugabe, is suspected of smuggling millions of rands worth of illegal cigarettes into South Africa in what is thought ...Published: 29 Dec 2013 at 04:07hrs | 23 | by Staff Reporter
Philip Chiyangwa's Zeco ranked worst governed firm
ZECO Holdings was ranked the worst governed company on the Zimbabwe Stock Exchange at the Institute of Chartered Secretaries and Administrators of Zimbabwe awards which were held recently. ...Published: 27 Nov 2013 at 03:31hrs | 3 | by Business Reporter
Zimbabwe economy: Be afraid, be very afraid!
"BE AFRAID. Be very afraid!" is probably an apt warning for ordinary Zimbabweans as the economy continues to falter. All economic indicators are pointing at a troubled situation in months ahead unless...Published: 24 Nov 2013 at 12:42hrs | | by Chris Muronzi
Turnall Holdings judged best governed company on ZSE
Turnall Holdings won the trophy for the Best Governed Company on the Zimbabwe Stock Exchange in the inaugural Excellence in Corporate Governance Awards. British American Tobacco came second. Econet Wi...Published: 15 Nov 2013 at 12:21hrs | 3 | by Mike Hamilton
Ngwerume to acquire 3.5% of Old Mutual
FORMER Old Mutual Zimbabwe chief executive officer Mr Luke Ngwerume and his business associates will get $12 million loan from the insurance group to acquire a 3,5 percent stake in the company as part...Published: 10 Sep 2013 at 04:54hrs | | by Business Reporter
BAT named top southern African employer
British American Tobacco has been certified as a top employer in southern Africa by the Top Employers Institute. Based on independent research, the Top Employers Institute said British Americ...Published: 02 Sep 2013 at 04:09hrs | | by Staff reporter
Bulawayo launches inaugural culture and heritage carnival parade
Bulawayo last week launched the inaugural culture and heritage carnival parade to showcase the city's abundant cultural activities that have made the city a hub of the arts.A group of 40 artis...Published: 18 Jun 2013 at 19:23hrs | | by Staff Reporter
ZSE shares falter after Easter holidays
ZSE shares faltered after Easter holidays in mixed trades across the board as most heavily capitalised counters remained unchanged from previous levels.The volume of shares traded on the marke...Published: 02 Apr 2013 at 11:25hrs | | by Business reporter
Zimbabwe Stock Exchange one of the best performing bourses in the world
The Zimbabwe Stock Exchange (ZSE) was one of the best performing bourses in the world, at least in the month of January 2013, preliminary figures have shown.The ZSE's ma...Published: 01 Feb 2013 at 14:41hrs | 1 | by Staff reporter
BAT sucked into industrial espionage investigations
British American Tobacco , which has been sucked in the case of alleged industrial espionage Zimbabwe is investigating, was once dragged to court in South Africa on similar offences, it has emerged. ...Published: 26 Nov 2012 at 05:20hrs | | by Business reporter
Load More Stories
