BAT Zimbabwe faces liquidity pressure despite debt-settlement TBs
British American Tobacco (BAT) Zimbabwe is continuing to manage a liquidity squeeze linked to legacy foreign-currency obligations, with the cigarette maker warning that long-dated Treasury Bills (TBs) received in settlement of blocked funds cannot provide short-term operating cash.
Former BAT Zimbabwe MD Mlambo appointed CZI president
Former British American Tobacco (BAT) Zimbabwe managing director Clara Mlambo has been appointed the Confederation of Zimbabwe Industries (CZI) president.
BAT job cuts, outsourcing to hit 20pct of staff by year-end
British American Tobacco Plc is reducing its 47 000-strong global workforce by about one-fifth as part of its sweeping plan to bring down costs and simplify operations.
Cost discipline saves the day for BAT
British American Tobacco (BAT) Zimbabwe says it relied on cost-containment initiatives and strategic pricing adjustments during the first quarter ended 31 March 2026 to cushion the business against rising operating costs and protect profitability.
BAT defends bottom line
Cigarettes manufacturer British American Tobacco Zimbabwe Holdings (BAT Zimbabwe) delivered a resilient first-quarter performance, despite weaker consumer demand and rising production costs, underscoring the company’s growing focus on efficiency and market expansion.
Manatsa to retire as BAT chairman
Manatsa will be succeeded by Constantine Chikosi, with effect from 1 July 2026.
BAT Zim signals profit rebound
The company attributed the anticipated recovery primarily to improved currency stability and the absence of major foreign exchange losses that impacted the previous financial year.