british american tobacco uganda BAT profits fall 25% as tax bites British American Tobacco Uganda Net
British American Tobacco Uganda Net revenue increased by 5% to Ushs 79 billion in FY 2020 British American Tobacco Uganda says the government is losing nearly UGX30bn or every year in revenue as a result of the illicit tobacco trade, which has been on the increase compared to British American Tobacco Uganda has reported a decline in revenue, driven by lower sales volumes and a contraction in the legal cigarette market, according to its latest financial statements. Foreign exchange and BAT Uganda Points to Illicits for 18% Revenue Drop Tobacco Reporter
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