Tobacco auction
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Agriculture
Tobacco sales: Figures remain impressive
HARARE – Earnings from the sale of the golden leaf for the current year’s marketing season continue to be significantly ahead of last year complimented by better average prices, statistics from the Tobacco Industry and Marketing Board (TIMB) shows. The data shows that total sales from both contract and auction floors stood at US$537.6 million as of day 74, 26.57…
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Agriculture
Zimbabwe makes US$436m in three months from tobacco sales
TOBACCO sales continue to boost foreign currency earnings for the economy with the country earning more than US$436 million from 159 million kilogrammes sold since the beginning of the selling season in April this year. The golden leaf is one of the major foreign currency earners that has over the years supported the country with liquidity. According to the latest…
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Business Briefs
Tobacco injects US$325m into Zimbabwean economy
TOBACCO sales had injected US$325 million into the economy on the 35th day of this marketing season, Tobacco Industry and Marketing Board (TIMB) data showed yesterday. The sector had generated US$210,6 million during the same time last year, a period when markets were thrown off balance after government enforced hard lockdowns to fight a deadly COVID-19 pandemic that was at…
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