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British American Tobacco Zimbabwe has raised concerns about the worsening operating environment, warning of negative impacts on profit margins. In its trading update for the nine months to September 30, 2024, BAT described challenges in Zimbabwe’s economy. “Macroeconomic turbulence, monetary instability, and significant exchange rate distortions are adversely impacting business activity,” said BAT board chairman Lovemore Manatsa.
BusinessTimes
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