The managing director of British American Tobacco (BAT), the second largest company on the JSE in Cape Town, moved to her new home in the V&A Waterfront green building on Tuesday November 1.
The event was celebrated along with the completion of the first phase of the Waterfront’s new Canal District, with the head office of BAT taking up residence in the new Waterway house. BAT has been based in Stellenbosch since the company’s inception as the United Tobacco Company in 1904.
At the launch of the new headquarters, BATSA’s managing director (MD), Soraya Zoueihid said: “Stellenbosch has been home to the company since formation. Our move to the V&A Waterfront is more than about geography. It is an important part of introducing a new, modern culture to the company. The move is an opportunity for us to be located in the heart of a dynamic and rapidly growing city that holds its own with the best in the world.
BATSA is the second largest company listed on the JSE and the first corporate to relocate its head office to the V&A Waterfront’s newly constructed Canal District.
BAT will occupy 8 000 square metres in the south wing of Waterway House, the first building in the 7.6-hectare Canal District. The building is the first one that visitors encounter on entering the Waterfront from the city. It is anticipated that the north block will be completed in April next year.