Zimbabwe: British American Tobacco Blames Poor Disposable Inco | AllAfrica

Zimbabwe: British American Tobacco Blames Poor Disposable Incomes for Reduced Smoking
‍[New Zimbabwe] Listed cigarette maker, British American Tobacco (BAT) has blamed poor disposable incomes for the decline suffered in sales volumes across traditionally high performing brands.
In a trading update presented this week covering the quarter ended March 31, 2021, BAT chairman, Lovemore Manatsa attributed declines in volumes and the subsequent uptake of value for money brands to Covid-19 induced declining disposable incomes.
"The Aspirational brands, Dunhill Newbury and Dunhill Kingsgate volumes declined by 55%
Read More