British American Tobacco (Zambia)

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British American Tobacco (Zambia)
legal form	Corporation
Seat	Lusaka
sales	US $ 37.5 million
Branch	Luxury food industry

British American Tobacco (Zambia) Plc (BATZ) is a public company based in Zambia . It is traded on the Lusaka Stock Exchange . It is a subsidiary of British American Tobacco in Britain, which operates over 50 such companies worldwide.

The seat is in Lusaka . It operates depots in Lusaka, Kitwe and Ndola . Since production in Lusaka was discontinued in 2006, the company also relocated.

The company's purpose is the wholesale of tobacco, its preprocessing and the production of cigarettes. BATZ only supplies the domestic market. In 2005, BATZ was able to sell 768 million cigarettes on the Zambian domestic market. In 2005, Kwacha turned over 150 billion, Kwacha paid 82.7 billion in taxes and Kwacha paid 6.4 billion in dividends. As of December 2006, one US dollar is 4,000 Zambian kwacha.

British American Tobacco (Zambia) buys less than two percent of the Zambian tobacco harvest and does not grow or export tobacco leaves. The smuggling of cigarettes from Zimbabwe is estimated at 200 million cigarettes a year.