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Labrish
Nyuuz
Top brass out, BAT Zimbabwe flips losses to profit
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[QUOTE="Munyaradzi Mafaro, post: 75655, member: 636"] British American Tobacco Zimbabwe just lost both its managing director, Kenneth Gitonga, and finance director Lucy Irungu, with Rumbidzai Hondora and Tumisang Lebogang taking over next month. The company had a rough year, posting a $7.1 million loss after bringing in $9 million profit the year before, but things turned around by mid-2025 when they made $4.33 million. The leadership shakeup is part of a bigger transformation plan the tobacco company has been running for 18 months. They've been doing dual-currency billing, expanding into rural areas, and cutting operating costs through automation. They also dropped their first sustainability report this year. The company pumped $34.7 million into Zimbabwe's economy through taxes, wages, and community programs. Hondora previously worked across multiple African markets in marketing roles, while Lebogang handled financial planning and capital management at the company. [/QUOTE]
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Labrish
Nyuuz
Top brass out, BAT Zimbabwe flips losses to profit
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