British American Tobacco says Covid will cost it less than previously thought thanks to overturning of South African cigarette sales ban
BAT's brands include Dunhill, Lucky Strike and vaping brands Vuse and Vype Global industry cigarette and THP volumes are forecast to drop by 5% this year The coronavirus has brought further worries over the harms of smoking tobacco British American Tobacco has lowered its predicted blow from the Covid-19 pandemic despite taking a significant hit...
Cigarette market normalised, but not the same as before ban – study
Cigarette prices have decreased sharply from their highly inflated levels during the sales ban, but are substantially higher than their pre-lockdown levels. The average retail price of cigarette brands produced by the multinationals is nearly 5% higher than before the sales ban, while the average retail price produced by the local manufacturers is 30%...
More Taxes On Tobacco Products In 2021
Mambury Njie, Minister Finance and Economic Affairs, has disclosed that the tax exercise on tobacco products is expected to increase to 70 percent of the retail price. “In line with the country’s commitment under the World Health Organization (WHO) frame work on convention tobacco control, the ECOWAS directive on tobacco product in the Gambia and...
BAT Launches tobacco industry-first Human Rights Report
- BAT delivering on ESG priorities to build A Better Tomorrow for all stakeholders - BAT is first tobacco company to publish a Human Rights report – launched on UN Human Rights Day - BAT announces commitment to aim for zero child labour in its agricultural supply chain by 2025 LONDON, Dec. 10, 2020 /PRNewswire/ -- British American Tobacco p.l.c. (BAT) has...
Kenyan to take reins as BAT boss Beverley Spencer exits
British American Tobacco Kenya has named a Kenyan to head the cigarette-maker as it marks over 113 years in the market. The firm on Monday announced Crispin Achola as its new managing director effective January 1, 2021, replacing Beverley Spencer-Obatoyinbo. Mr Achola, who had previously worked at BAT for 19 years before exiting in 2017, makes a...
Ensure implementation of new set of health warnings on tobacco products: Centre to states
New Delhi, Dec 6 (PTI) The Union Health Ministry has asked all states to ensure implementation of a new set of health warnings with enhanced pictorial images on all tobacco products as notified by it. According to the ministry, the depiction of specified health warnings would bring greater awareness and sensitization about the serious and...
