British American Tobacco aiming at 70 million African smokers with Twisp deal

2019-08-14 18:22

BAT's acquisition of e-cigarette maker Twisp opens up the way for 70 million adult African smokers to switch to potentially reduced risk products, says BAT.

BAT names insider as new CEO

2018-09-25 10:07

The global tobacco giant announced that the current chief operating officer of its international business will succeed Nicandro Durante as CEO following the latter's retirement in April 2019.

BAT signs MoU to help emerging tobacco farmers in E Cape

2018-05-15 16:48

The Eastern Cape Development Corporation has signed an MoU with BAT South Africa to support emerging tobacco farmers in the Eastern Cape.

Illicit ciggies smoke out tobacco farmers

2017-09-24 06:00

Workers in Mpumalanga and Limpopo are losing jobs as fewer hectares are being cultivated.

Serious Fraud Office opens formal probe into BAT

2017-08-01 08:51

British American Tobacco says the UK-based Serious Fraud Office has opened a formal investigation into the company to probe allegations of misconduct.

BAT gets green light to acquire rival Reynolds

2017-01-17 14:24

British American Tobacco's $49.4bn proposal to acquire rival Reynolds has been met with approval, a move that will make it the world's largest tobacco company.

BAT Zimbabwe reports drop in volumes

2016-07-26 15:07

BAT Zimbabwe jas reported a 23% drop in revenue to $16.8m following a 21% decrease in sales volumes as economic fundamentals continue to wane.

SA warned of tax knock, job losses on new smoking laws

2016-06-02 07:54

SA's plans to tighten the anti-smoking laws will ignite the illicit trade in cigarettes, thereby removing billions of rands of tax revenue and threatening jobs, BAT has warned.

The JSE's five biggest stars

2016-01-15 06:15

The JSE’s top five companies are active in a range of diverse sectors. What these giants have in common is that they offer South African investors offshore exposure.

BAT first-half sales hurt by currency moves

2015-07-29 08:58

British American Tobacco has reported lower revenue for the first half of the year, hurt by currency fluctuations and people cutting back on smoking.

 

Legit tobacco companies’ tax records are squeaky clean, association insists

2019-04-10 22:43

Tobacco Institute South Africa chair Francois van der Merwe told Fin24 none of its member companies had fallen foul of the law.

Vaping in SA may cost more if British American Tobacco is allowed to buy Twisp, Competition Commission says

2018-07-26 15:10

BAT is already a global e-cigarette player and could easily have entered the South African market without buying a competitor, the Commission says.

BAT plans to expand next generation products business in SA

2018-01-08 18:32

British American Tobacco South Africa has signed an agreement to acquire 100% of Twisp Proprietary Limited.

BAT sells second-biggest global bond issue of 2017

2017-08-09 08:24

British American Tobacco sold the second-largest bond deal of the year to finance its purchase of the portion of Reynolds American that it didn’t already own.

Tobacco company biggest listing on JSE - report

2017-05-01 13:26

A consumer goods company is the biggest company listed on the JSE for the decade between 2006 and 2016, according to a report by Investment Firm BayHill Company.

BAT hunts M&A as western Europe buoys first-half earnings

2016-07-28 19:46

British American Tobacco has said it’s on the hunt for acquisitions as it reported earnings near analysts’ estimates, helped by increased sales in France and Romania.

Plain tobacco packaging makes smoking cheaper - study

2016-06-08 12:30

SA's R30bn tobacco industry could see profits dive and consumption increase through the proposed introduction of plain tobacco packaging, a study has revealed.

An eye on the JSE's top five

2016-01-19 09:04

Experts share their views on the JSE's top stocks. Among these is AB InBev, which is now the top JSE-listed company.

BAT beats expectations, shares up

2015-07-29 11:48

British American Tobacco has reported a better-than-expected performance for the second quarter, helped by cost savings and market share gains.

BAT defies downward trend in Zim

2015-07-27 12:56

British American Tobacco has bucked the downward trend in Zimbabwe by recording growth in both revenue and profitability in its half-year results.

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