BAT Zambia revenue increases by 48% to ZMW334.1 million in HY 2021

By Published On: August 20th, 2021Categories: Corporate announcement, Earnings

British American Tobacco Zambia Limited (BATZ.zm) HY2021 Interim Report

Operating Environment

The operating environment continues to be constrained by the prevalence of the COVID-19 pandemic. The adverse effects of the pandemic on Zambia’s business environment and overall economy cannot be overstated. Over the period under review, a number of businesses suffered significant financial losses, and household incomes were adversely affected by the rising food and non-food inflation. This in turn has resulted in stretched consumer