All NewsBusiness

BAT agonises over cash shortages

HARARE – Zimbabwe’s largest cigarette manufacturer, British American Tobacco (BAT), is failing to pay over $5 million in dividend to its offshore major shareholder due to cash challenges. BAT finance director, Lucas Francisco, last week told the businessdaily that his company was negotiating with its major shareholder and local banks to salvage the situation. The…

To access this content, please purchase a subscription by clicking the button below and select a package of your choice!
Subscriptions