9.5 C
Alba Iulia
Friday, August 14, 2020

British America Tobacco constructs a $ 25million cigarette plant

Economy British America Tobacco constructs a $ 25million cigarette plant

Director of British American Tobacco,Godfrey Machanzi(r) addressing the media during the tour of cigarette manufacturing factory company which has invested over $ 25 million in construction at the Multi Facility Economic Zone in Lusaka.Looking on is Head of operations,Jerry Chivambo
Director of British American Tobacco,Godfrey Machanzi(r) addressing the media during the tour of cigarette manufacturing factory company which has invested over $ 25 million in construction at the Multi Facility Economic Zone in Lusaka.Looking on is Head of operations,Jerry Chivambo

The British America Tobacco (BAT) Zambia Plc has constructed a cigarette manufacturing plant at a cost of US$ 25 million aimed at localizing its brand portfolio in Zambia.

The plant which is situated at the Lusaka South Multi Facilitate Economic Zone has so far created 72 direct jobs for the local people and a further 2,500 jobs in formal and informal sectors hence contributing to the country’s economy.

Speaking during the media tour of the factory in Lusaka today, BAT Zambia Managing Director Godfrey Machanzi said his company is committed towards contributing to the country’s economic development agenda.

Mr. Machanzi noted that the construction of the factory is also evidence enough of government’s continued resolution of creating an enabling environment for investors to invest in the country.

He explained that BAT Zambia once had a factory in the country but was closed adding that the company is back as an expression of its confidence in the Zambian economy.

He said like the experience in other markets in which the company operate from, tobacco production supports many jobs up and down stream therefore making a positive impact in the country’s economy.

The BAT Zambia MD stated that illicit tobacco trade has continued to be the biggest challenge making Zambia the highest incidence of illicit imported tobacco products in Southern Africa.

Mr. Machanzi said cigarettes smuggled from neighbouring countries has significantly contributed to the illicit tobacco market.

He further thanked government for the support before and during the construction of the plant and the fair and balanced business regulations.

14 COMMENTS

  1. Is $25million the money that was spent (eaten) or what the quality of the facility is worth? Zambia is the only country under the sun Where of dollars can be spent on a cheap and ugly looking building. When are we ever going to learn to understand and appreciate quality and aesthetics? Believe you me, this kind of money would have produced a better product in South Africa or the West.

  2. These morons know its getting hard to sell cigarattes in Europe…I mean in UK cigs are sold in closed/ covered cabinets without ads then the packaging is covered in photos of people with chronic side effects of smoking.
    African govts need to wake up!!

  3. $25 million? Nonsense! And where would you obtain such funding from?
    Ok sorry, most likely you meant $2.5m, forgive me. You know our reporters, especially LT.

Comments are closed.

- Advertisement -
Loading...
- Advertisement -

Latest News

Chamanga Questions Newcomers Zeal For The Big Stage

Former Zambia striker James Chamanga has charged that the current crop of players lack the ambition to play for...

East DC Condemned for Stopping a Recorded UPND Paid Program on PASME FM Radio in Petauke

Media bodies in Zambia have condemned Petauke District Commissioner Velenasi Moyo for illegally ordering the closure of privately owned PASME radio station. Mr. Moyo in...

Zambia Medical Association to launch own investigation into UTH incident of man ranting at Doctors

The Zambia Medical Association has launched its own investigation into a video circulating online purportedly showing a patient disparaging Medical Officers at the University...

Stop Attacks on Archbishop Telesphore Mpundu, Bill 10 Advocates told

The Civil Society Constitution Agenda (CiSCA) has cautioned the youth calling themselves Bill 10 Advocates to stop harassing Archbishop Telesphore Mpundu or any other...

Finance Minister calls for Routine Maintenance of Roads

Finance Minister Bwalya Ng’andu has called on the Road Development Agency -RDA and National Road Fund Agency -NRFA- to adopt a culture of carrying...

More Articles In This Category