BRITISH American Tobacco Zimbabwe (BAT) says it continues to show resilience despite pressure from the demanding operating environment, which is threatening business viability.
Advertisements
This comes as the cigarette manufacturer resolved not to declare a dividend for the half year ended June 30, 2023.
“On-going currency volatility and shortages coupled with the hyper-inflationary environment have led to liquidity constraints for both consumers and the business community, impacting sales volumes for the group,” Lovemore Manatsa, the group’s chairman, said in a statement accompanying r
Subscribe to The Financial Gazette
This is premium content. Subscribe to read article.
Login if you have purchased