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BAT Zimbabwe Contributes $8.1M
British American Tobacco (BAT) Zimbabwe reported a fiscal contribution of US$8.1 million during the latest period, covering Excise Duty, Corporate Tax, VAT, Customs Duties, PAYE, and Withholding Tax. Sales volumes fell 14%, and revenue dropped 28% to US$13 million due to weaker consumer spending and macroeconomic pressures. Costs rose 31% to US$4.1 million, while profit before tax recovered to US$6.6 million from a US$10.6 million loss the previous year.
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