British American Tobacco bounces back on the USE

British American Tobacco Uganda (BATU) shares are up 18.8 per cent since July as investors bet that the tobacco manufacture will earn more from its exports because of a weak shilling and increased volumes. BATU began processing leaf for export to other parts of Africa in April, which might translate to higher turnover for the Uganda Securities Exchange listed firm.
This is after BAT International decided to move its central leaf materials headquarters from South Africa to Uganda. Ream more »








