Tag: Tobacco
Zim sets US$5bln revenue target for tobacco by 2025
Tadiwa Musiyiwa
Government has approved the Tobacco Value Chain Transformation Plan aimed at
transforming the tobacco value chain into a US$5 billion industry by 2025 through...
Value add tobacco to tap into the US$800b global market
Tadiwa Musiyiwa and Rhys Balicholo
HARARE – Limited value addition of tobacco has seen Zimbabwe earn an insignificant portion from the global tobacco industry, which...
TIMB moves to address tobacco payment delays
Farai Mabeza
The Tobacco and Industry Marketing Board has expressed concern at the continued payment delays and reluctance to release farmers from their contracts by...
Tobacco deliveries slower than expected: TIMB
Farai Mabeza
Tobacco deliveries are slower than expected because farmers are not happy with the fixed exchange rate of 1:25 under which they are required...
Tobacco sales top US$14m on day seven
HARARE – At least 6.16 million kilograms of tobacco worth 13.95 million US dollars have been sold so far since the start of tobacco...
TIMB sees 15% drop in tobacco volume to 220m kgs; 30%...
Farai Mabeza
HARARE – Zimbabwe expects that 30 percent of all tobacco sales will be done outside Harare after Government gazetted a statutory instrument authorising...
Govt to decentralise tobacco floors under COVID-19 lockdown
Farai Mabeza
Tobacco sales are set to be held at different locations across the country after the government gazetted a new statutory instrument which gives...
Tobacco farmers to get 50% of proceeds in foreign currency
Farai Mabeza
Tobacco farmers will get fifty percent of their proceeds in foreign currency, the Reserve Bank of Zimbabwe (RBZ) and the Tobacco Industry Marketing...
