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Zimbabwe Stock Exchange

Last update 31 Dec 2025

British American Tobacco Zimbabwe (Holdings) Ltd · BAT.ZI

Zimbabwe · Consumer Staples · Tobacco · —

Price history

British American Tobacco Zimbabwe (Holdings) Limited is a tobacco company engaged in manufacturing, distributing, and selling cigarettes in Zimbabwe. The business operates in a regulated consumer goods category where brand equity, route-to-market execution, excise duties, affordability, and illicit trade dynamics are important drivers. Its products are distributed through independent retailers, wholesalers, and formal trade channels, giving the company direct exposure to consumer spending and the structure of Zimbabwe's tobacco market. BAT Zimbabwe benefits from established manufacturing capabilities and the broader know-how associated with a global tobacco group, but its local performance is shaped by domestic regulation, tax policy, currency conditions, and supply chain access. For investors, the company is a defensive consumer staples issuer with high regulatory sensitivity and a focused product portfolio.

Fundamentals

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Metric  (USD, M) 2024 2023 2022 2021 2020
Revenue Total Revenue 36
EBITDA 20
EBIT 19
Net income Net Income -7
Operating margin 52%
Net margin -20%