Key stakeholders have committed to fight illicit goods in Uganda. Uganda Breweries Limited, Uganda Revenue Authority (URA), British American Tobacco (BAT), Kampala City Traders Association (KACITA) and the Criminal Investigations Directorate (CID) of Police among others on Wednesday assured the public that they are determined to fight against the vice. Speaking at a sensitization workshop […]
BAT Uganda shareholders on the Company’s Register of Members on 20th June 2022 to receive a Final Dividend Payment of UGX 209 per share on 11th July 2022. For the latest key economic events use our free ECONOMIC CALENDAR
BAT Uganda shareholders registered on the books of the Company at close of business on 20th June 2022 will receive the 2021 dividend of UGX 209 per share. For the latest key economic events use our free ECONOMIC CALENDAR
British American Tobacco Uganda , the cigarette distributor, reported a drop in after-tax profit last year amid “an exceptionally challenging operating environment” as weak consumer spending and “illicit trade” hit its sales. The company said its gross revenue fell 42 per cent year on year to Shs93.8bn, depressed by a public spending squeeze and an […]
British American Tobacco Uganda ( USE:BATU ), the cigarette distributor, reported a drop in after-tax profit last year amid “an exceptionally challenging operating environment” as weak consumer spending and “illicit trade” hit its sales. The company said its gross revenue fell 42 per cent year on year to Shs93.8bn, depressed by a public spending squeeze […]
One of the few remaining tobacco farmers in Busangwa village in Hoima prepares the tobacco leaves for drying. PHOTO | MORGAN MBABAZI | NMG At the peak of production in 2013, tobacco leaf was one of Uganda’s biggest foreign exchange earners, raking in $120 million in exports revenue and employing over 75,000 farmers who were […]
British American Tobacco’s plant in Nairobi’s Industrial Area. British American Tobacco Uganda (Batu) Ltd net profits for the six months period to June 30 declined by 50 percent. PHOTO | FILE | NMG Uganda’s cigarette seller British American Tobacco Uganda (Batu) Ltd net profits for the six months period to June 30 declined by 50 […]
Uganda’s cigarette seller British American Tobacco Uganda (Batu) Ltd net profits for the six months period to June 30 declined by 50 percent over a sharp reduced cigarette sales impacted by illicit cigarettes on Uganda market and disruptions by Covid-19. The Uganda Securities Exchange listed tobacco company reported a net profit of Ush3.4 billion ($965,714) […]
Tobacco cigars Kampala, Uganda | THE INDEPENDENT | Uganda’s formal tobacco Industry continues to be impacted by a growing trade in illicit products, attributed to government policies which are otherwise aimed at protecting the industry. These include the implementation of anti-smoking regulations as well as the tax measures that are largely aimed at making cigarettes […]
Billions of shillings lost over smuggling of cigarettes in Uganda (PHOTO/File). KAMPALA – The government loses approximately Shs30 billion in revenue annually in form of smuggled cigarettes, a report commissioned by British American Tobacco (BAT-Uganda) shows. According to BAT Uganda managing director Kirunda Magoola, 44 per cent of illicit cigarettes sold in Uganda are smuggled […]
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