ZWL liquidity crunch hits BAT

BRITISH American Tobacco Zimbabwe (BAT) says its cigarette sales were down 6,7 percent during the year ended December 31, 2022 due to tight liquidity of the Zimbabwe dollar. It comes as the Reserve Bank of Zimbabwe has lately implemented a tight monetary targeting framework to curb inflation, which analysts say has been driven by money…

Subscribe to read full article. Subscribe today

Related posts

IMF, Zim reset debt talks

Zimra revenue target ‘attainable’

Zim’s trade surplus holds

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More