BRITISH American Tobacco Zimbabwe (BAT) will not be affected by international smoking bans and quotas, Old Mutual Securities (OMSEC) has said. In an analysis of the company’s recently-released financials for the six months to June 2018, OMSEC said apart from the cigarette maker having a strong business model that has withstood Zimbabwe’s harsh economic environment, it also enjoys a huge market in the country. “Risks faced by international tobacco companies related to smoking bans and quotas are unlikely to be felt by BAT in the medium to long term as the country relies heavily on the production and sale of tobacco,” OMSEC said. It, however, said the company’s dialogue with government remained key in ensuring limits on excise duty increases…