The local arm of British American Tobacco (BAT) is looking to restructure the business, a process that may affect about 200 jobs, after a further decline in its cigarette sales in the country, it said on Monday.
The Dunhill and Peter Stuyvesant cigarette maker said the drop in cigarette sales in SA was almost entirely due to the growth of the illicit cigarette trade.
SAs unconstitutional ban on cigarette sales implemented during the nationalCovid-19 lockdown in 2020 also contributed, a company spokesperson said.
The 2020 tobacco sales ban resulted in an explosion of growth for the illicit market. This has continued even after the ban on tobacco sales was lifted, the company said in a statement.
During the lockdown, essential services re…
Read the full article at: https://www.businesslive.co.za/bd/national/labour/2023-01-16-british-american-tobacco-sa-may-restructure-putting-200-jobs-at-risk/