The board of directors proposed a final dividend of Shs 199 per share, down 5% from Shs 210 in 2024, payable July 31 to shareholders on record as of July 24 Kampala, Uganda | THE INDEPENDENT | British American Tobacco Uganda Ltd. saw gross revenue fall 18% in the 2025 …
Read More »Finance Ministry applauds impact of DTS as URA, BAT strike deal against illicit trade
Kampala, Uganda | THE INDEPENDENT | The Government of Uganda has reaffirmed its commitment to the Digital Tax Stamps (DTS) program, emphasizing its role in strengthening tax compliance and market integrity. Isaac Arinaitwe, the Ministry of Finance’s Principal Economist, explained that the DTS program, launched in 2019, has been …
Read More »BAT net profit up 21.6% to Shs4.5bn
Kampala, Uganda | THE INDEPENDENT | British American Tobacco Uganda Limited has registered a 21.6% increase in net profit from Shs3.7bn to Shs4.5bn for the first six months of 2024, further showing the company’s continued growth trajectory. The company executives said on Aug.2 that the macro-economic landscape was relatively stable …
Read More »BAT net profit down 9% to Shs8.9bn
The company continues to demonstrate resilience amidst a challenging operating environment, characterised by a high prevalence of illicit trade Kampala, Uganda | JULIUS BUSINGE | Cigarette seller, British American Tobacco has reported a reduction in net profit from Shs9.8bn for the year ended December 2022 to Shs8.9bn for the year ended …
Read More »BAT calls on Govt to help fight illicit trade
Kampala, Uganda | THE INDEPENDENT | BAT Uganda has called upon the Government to ramp up efforts to curb illicit trade in cigarettes, which it says is impacting the sustainability of its business. In its 2022 performance results, the company says it recorded a 6% revenue growth, to Shs99.5 billion. Profit …
Read More »BAT Certified for 3rd time as top employer
Kampala, Uganda | THE INDEPENDENT | The Top Employers Institute has named BAT Uganda as a Top Employer in Uganda and Africa for the third time in a row. BAT was amongst just 15 companies crowned the world’s best businesses to work for, during a virtual award ceremony. Globally, the BAT Group was …
Read More »URA steps up its fight against illicit trade
Kampala, Uganda | THE INDEPENDENT | URA has stepped up its fight against illicit trade through acquisition of a mobile cigarette destruction machine that will be used to destroy illegal cigarettes seized by the authority’s customs enforcement team. The Hammermill is a donation from the British American Tobacco (BAT) to provide …
Read More »New study: Illicit trade in cigarettes on the rise in Uganda
| THE INDEPENDENT | A new study has found that 23% of cigarettes sold in Uganda appear to be illicit, indicating unfair competition to the established tobacco products dealers and loss of revenue to government. The findings based on the BAT Uganda’s approved study that was carried out in the …
Read More »Illicit trade threatens BAT’s future prospects
Tracing illicit products to source is required to safeguard the legitimate tobacco industry, company executives say Kampala, Uganda | JULIUS BUSINGE | British American Tobacco Uganda (BAT Uganda) shareholders on July.23 approved Shs15.7billion or Shs320 per share as the final dividend for the year ended December 31, 2019. The dividend …
Read More »Tobacco companies hampered implementation of law-Ministry of Health
Kampala, Uganda | THE INDEPENDENT | The Tobacco Control Act was enacted in 2015. However, the Health Ministry says the law has been shelved because of numerous injunctions and lawsuits filed by tobacco companies. Addressing stakeholders during the commemoration of the World No Tobacco Day in Kampala on Thursday, the Health …
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