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BAT lowers outlook for new products on US vaping slowdown
British American Tobacco, the maker of Lucky Strike cigarettes, lowered its growth outlook for full-year sales growth in smoking alternatives as health concerns and a US regulatory crackdown on vaping weigh on e-cigarette revenue.
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Tsogo Sun cautious on hotel sector recovery in 2020
Despite government’s U-turn on unabridged birth certificates for foreign minors travelling to SA, the relaxation of visa rules and Cape Town’s drought being over, the boss of JSE-listed hospitality giant Tsogo Sun Hotels remains cautious about a robust recovery in the hotel accom...
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