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Breaking News | Zimbabwe expecting tobacco boom in 2021 - Vimarsana News

Breaking News | Zimbabwe expecting tobacco boom in 2021

Views: Visits 0 Zimbabwe’s tobacco output is expected to grow by around nine percent to 200,000 tonnes this year, the industry regulator said Wednesday, providing a major source of foreign currency for the country’s embattled economy. As the selling season got under way, Zimbabwe’s Tobacco Industry and Marketing Board said output was forecast to rise from 184,000 tonnes last year owing to good rains. Tobacco raked in $782 million (657.8 million euros) in sales last year for Zimbabwe — Africa’s leading producer of the crop — providing badly needed foreign currency. The ind...

Tobacco sales season kicks off in Zimbabwe with impressive harvest - Vimarsana News

Tobacco sales season kicks off in Zimbabwe with impressive harvest

Tobacco farmers in Harare mark the start of tobacco sales season in a market hall despite strict health restrictions. Tobacco production in Zimbabwe is expected to grow by nearly 9% this year, the Tobacco regulatory authority said Wednesday. "Our tobacco harvest was very good this season and we expect good profit this year and I can see good prices as well. The highest I saw was US$4.30 and the lowest was US$2 because it was a bit wet", tobacco farmer, Steady Zvavamw said. In 2021, production is expected to reach 200 million kilograms thanks to abundant rainfall, the country's Tobacco Indus...

Zimbabwe expecting bumper 2021 in tobacco sales – The Citizen - Vimarsana News

Zimbabwe expecting bumper 2021 in tobacco sales – The Citizen

Zimbabwe expecting bumper 2021 in tobacco sales AFP Picture: iStock/ Funtay Tobacco raked in R11.3 billion in sales last year for Zimbabwe – Africa’s leading producer of the crop – providing badly needed foreign currency. Harare – Zimbabwe’s tobacco output is expected to grow by around 9% to 200,000 tonnes this year, the industry regulator said Wednesday, providing a maj...

Holy smoke! Zimbabwe expecting tobacco boom in 2021 - Vimarsana News

Holy smoke! Zimbabwe expecting tobacco boom in 2021

iStock Zimbabwe's tobacco output is expected to grow by around 9% to 200 000 tons this year, the industry regulator said Wednesday, providing a major source of foreign currency for the country's embattled economy. As the selling season got under way, Zimbabwe's Tobacco Industry and Marketing Board said output was forecast to rise from 184 000 tons last year owing to good rains. Tobacco raked in US$782 million (around R11.4 billion) in sales last year for Zimbabwe - Africa's leading producer of the crop - providing badly needed foreign currency. The industry is also one of the largest employer...

Source: news24.com