The LYFT factory looks like a good investment ......
https://www.businessdail...63238-voclhz/index.html
British American Tobacco (BAT) Kenya
will build a Sh2.5 billion factory in Nairobi to produce for the African market oral nicotine pouches that are viewed as an alternative to cigarettes.
Managing Director Beverley Spencer-Obatoyinbo said Thursday that the product, called Lyft, is gaining popularity since being introduced late last year and the factory will make Kenya an export hub for Africa.
“Given the high incidence of oral stimulant use among smokers, we believe that this new product category will provide a viable alternative to smoking,” said Ms Spencer-Obatoyinbo.
“We are looking to invest Sh2.5 billion in building a first-of-its-kind factory in Africa for the manufacturing of our oral nicotine pouch.”
This is expected to diversify BAT’s revenues away from the traditional tobacco cigarettes that have come under intense pressure from government through increased taxes and levies.
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen