Zimbabwe: Bat Blames Poor Disposable Incomes for Reduced Smoking

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.

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