BATZ’s US$16,35m blocked funds slashed to just US$475
TOBACCO firm, British American Tobacco Zimbabwe (BATZ) has seen its long-standing blocked funds of US$16,35 million virtually wiped out after successive currency conversions
By Chen Williams
Oct. 2, 2025
Tobacco firm BAT hires new MD
According to the financial report under review, BAT achieved total revenue of ZWL$288 billion during the period under review, an increase of 147% above the prior year.
By Blessed Ndlovu
Apr. 4, 2024
BAT sales volumes down 15%
Taxes paid in the form of excise duty, corporate tax, value-added tax, customs duty, pay as you earn and withholding tax amounted to ZWL$14 billion in historical
By Tafadzwa Mhlanga
Sep. 29, 2023
BAT volumes decline
The firm also noted that value added tax increased to 15% from 14,5%.
By Tatira Zwinoira
May. 19, 2023
BAT exports seen increasing
The company also noted that its pricing in real terms was markedly higher than competitor trade prices within the period.
By Melody Chikono
Apr. 26, 2023
Bat revenue 50% up
Bat is currently seeking to obtain alliance for water stewardship certification for 2023/24.
By Rugare Mubika
Apr. 17, 2023
BAT cigarette sales slump by 6
BAT’s operating profit nosedived by 90% compared to the same period prior year.
By Freeman Makopa
Sep. 9, 2022
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