Zimbabwe: Probe Shakes BAT

7 December 2012

TOBACCO processor BAT Zimbabwe's shares fell 12 percent yesterday after police launched investigations into allegations of industrial espionage levelled against the firm. After trades yesterday, BAT lost US50c from US400c with the industrial index falling 0,27 percent or 0,41 points to 148,83.

The company's market capitalisation dropped from US$73 million on Wednesday to about US$69,5 million.

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