BAT Zim full-year volumes down 21%

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Harare - British American Tobacco (BAT) Zimbabwe reported a 21% drop in sales volumes for the year ended December 31 2016.

In a results briefing on Wednesday, MD Clara Mlambo said the volumes decline was on the back of weak consumer demand.

“The economic environment remained constrained, characterised by weak consumer demand resulting principally from weak macro-economic performance.”

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