British American Tobacco Plc warned South Africa’s government for years that it would be forced to end production there if illegal cigarette sales weren’t stamped out, according to the chief executive officer.
British American Tobacco Plc warned South Africa’s government for years that it would be forced to end production there if illegal cigarette sales weren’t stamped out, according to the chief executive officer.
A man buys a cigarette from a woman at in South Africa. Photographer: EMMANUEL CROSET/AFP
Anheuser-Busch InBev offset a slump in volumes in western markets with growth in Africa and South America, alongside stronger sales of premium beer.
The Anheuser-Busch InBev NV logo on beer barrels at the AB Inbev beverage distribution depot in Leuven, Belgium, on Tuesday, May 4, 2021. AB Inbev reports first quarter earnings on May 6. Photographer: Olivier Matthys/Bloomberg