You know things are going downhill when even the Rupert family, a dynasty practically built on tobacco money, decides to jump ship. (https://www.businesslive.co.za/bd/companies/retail-and-consumer/2025-01-14-rupert-dynasty-ends-80-year-history-with-tobacco/)

Reinet Investments’ decision to offload its stake in British American Tobacco (BAT) isn’t just a tickle in the stock market — it’s a thunderous slap in the face for Big Tobacco. It’s like Mali’s Keita Dynasty saying: “Meh, kings and emperors are so last century.”..

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.