Like them or not; BAT activities sustain 72K jobs (and it sells a legal product)

We directly employ 2200 employees, but 72 000 jobs are generated from BAT’s activities.

Soraya Zoueihid, British American Tobacco

Our product is completely legal. It carries the right health warnings. The market exists, and we supply it.

Soraya Zoueihid, British American Tobacco

British American Tobacco (BAT) contributed about R18.4 billion to South Africa’s Gross Domestic Product (GDP), according to independent analysts Quantec Research.

That is equivalent to 0.52% of the country's entire GDP.

BAT employs more than 2200 people, bought goods and services worth R6 billion from South African suppliers and generated R14.5 billion in tax revenues.

The Money Shows’ Bruce Whitfield interviewed Soraya Zoueihed, Managing Director at BAT South Africa.

Listen to the audio below for the interview (and/or scroll down for more quotes from it).

It is a harmful product.

Soraya Zoueihid, British American Tobacco

Quantec is a reputable, independent company. They happily share their methodologies.

Soraya Zoueihid, British American Tobacco

I used to smoke, but I don’t anymore.

Soraya Zoueihid, British American Tobacco

Click here (then“like” the page) to follow Bruce on Facebook.

Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.

Subscribe to our Business Wrap Newsletter

Article brought to us by Old Mutual.

Read More
Nowadays you don’t steal a million; you steal a billion! – Pravin Gordhan

Nowadays you don’t steal a million; you steal a billion! – Pravin Gordhan

The Money Show’s Bruce Whitfield interviews Wits School of Economics and Business Science Senior Lecturer Lumkile Mondi.

How retailers use tech (and why Foschini is partnering with start-ups)

How retailers use tech (and why Foschini is partnering with start-ups)

The Money Show’s Bruce Whitfield interviews The Foschini Group Chief Information Officer Brent Curry.

Uganda spends $2.5 billion on hydropower (only 10% of that goes to locals)

Uganda spends $2.5 billion on hydropower (only 10% of that goes to locals)

The Money Show’s Bruce Whitfield interviews famed journalist Nikiwe Bikitsha, who is on a fact-finding mission in Uganda.

3 smoking hot shares you should consider buying, right now (according to Sasfin)

3 smoking hot shares you should consider buying, right now (according to Sasfin)

Bruce Whitfield interviews Sasfin Securities Portfolio Manager Nesan Nair for his weekly stock pick feature.

JSE-listed British American Tobacco sold 322 billion cigarettes in 6 months

JSE-listed British American Tobacco sold 322 billion cigarettes in 6 months

As cigarette sales fall; BAT intends to invest heavily in the manufacture of e-cigarettes.

How much drinking and smoking (and procrastinating!) is really costing you

How much drinking and smoking (and procrastinating!) is really costing you

You could’ve paid off your home loan by now if it wasn’t for your bad habits. Here’s how much they really cost you…

Popular articles
Last chance for Spur's 2-for-1 burger special this Monday

Last chance for Spur's 2-for-1 burger special this Monday

Monday (March 27) is your last chance to sink your teeth into the popular burger special which Spur will discontinue from April.

Budget 2017: DA hoped for spending cuts, not tax increases

Budget 2017: DA hoped for spending cuts, not tax increases

The DA believes that raising taxes is not the answer to South Africa's economic woes and propose more cost-cutting for government.

Meet self-made millionaire (net worth – R400m!) property mogul Sisa Ngebulana

Meet self-made millionaire (net worth – R400m!) property mogul Sisa Ngebulana

How did Ngebulana build his empire? The Money Show’s Bruce Whitfield interviewed him for his weekly “ShapeShifter” feature.

How Naspers paid peanuts for Tencent (China’s most valuable company)

How Naspers paid peanuts for Tencent (China’s most valuable company)

In 2001 Naspers invested $32 million in (then tiny) Tencent. Learn more about the wildly profitable Chinese behemoth...

Who is Advocate Tembeka Ngcukaitobi?

Who is Advocate Tembeka Ngcukaitobi?

The EFF lawyer stole the show during the state capture report court battle.

3 easy questions could bag you R2000!

3 easy questions could bag you R2000!

WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...

Blesserfinder: Matching you with a sugar daddy near you

Blesserfinder: Matching you with a sugar daddy near you

Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?

5 reasons why the tourism industry is sceptical about the latest numbers

5 reasons why the tourism industry is sceptical about the latest numbers

The tourism industry is questioning the veracity of the surprisingly upbeat tourism figures and the timing of their release.