Corporate News
Cigarette production down 9 per cent as harsh economy erodes buying power
Cigarette production decline in the first four months reflects the sector’s sustained drop in production over the years. Photo/LIZ MUTHONI
By Victor Juma
(email the author)
Posted Friday, August 20 2010 at 00:00
Posted Friday, August 20 2010 at 00:00
Aside from counterfeits and a reduction in external demand, cigarette manufacturers have also had to contend with the effects of the tobacco regulations that were introduced last year.
The Tobacco Control Act 2007, for instance, is said to have contributed to the 12 per cent decline in BAT’s domestic half-year sales in 2009.
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