British American Tobacco Zimbabwe Limited (BAT) 2012 Annual Report

first_imgBritish American Tobacco Zimbabwe Limited (BAT.zw) listed on the Zimbabwe Stock Exchange under the Agricultural sector has released it’s 2012 annual report.For more information about British American Tobacco Zimbabwe Limited (BAT.zw) reports, abridged reports, interim earnings results and earnings presentations, visit the British American Tobacco Zimbabwe Limited (BAT.zw) company page on AfricanFinancials.Document: British American Tobacco Zimbabwe Limited (BAT.zw)  2012 annual report.Company ProfileBritish American Tobacco (BAT) Zimbabwe Holdings Limited manufactures, distributes and sells tobacco products for local consumption through a network of independent retailers and distributors. Zimbabwe is the 6th largest tobacco grower in the world and the largest in Africa. Three types of tobacco are grown in the country; Virginia flue-cured, burley and oriental tobacco. Over 95% of Zimbabwe’s tobacco is flue-cured; and more than half of its production is exported to China. The company has recently adopted a mutually-beneficial contract system which is reaping rich rewards; the entire crop is bought from the farmer at the end of the season in return for a supply of seed and fertilizer, and expert training by an agronomist on agricultural techniques. Its head office is in Harare, Zimbabwe. British American Tobacco is listed on the Zimbabwe Stock Exchangelast_img read more