In a brazen attack that has rattled Zimbabwe’s tobacco sector, eight armed robbers stormed Voedsel Tobacco International Auction Floors in Rusape last Sunday night, stealing numerous tobacco bales worth thousands …
tobacco
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BUSINESS NEWS
Optimism Grows as Zimbabwe’s Tobacco Industry Targets 300 Million Kilograms for 2024/25 Season
by Kells Dzivaby Kells DzivaHarare, Zimbabwe | Preparations for Zimbabwe’s 2024/25 tobacco season are progressing well, with farmers expressing optimism about achieving a projected yield of around 300 million kilograms. The Tobacco Industry and …
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BUSINESS NEWS
Zimbabwe Tobacco Sales Boom: 200 Million Kg Sold, Revenue Reaches $697 Million
by Kells Dzivaby Kells DzivaHARARE – Zimbabwe’s tobacco auctions have so far raked in over US$697 million for this season after the sale of over 200 million kilogrammes of the golden leaf, latest statistics …
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Next week, Zimbabwe Newspapers (Zimpapers) Group, in collaboration with the Tobacco Industry and Marketing Board (TIMB), will host a high-level tobacco conference aimed at addressing critical issues impacting the industry’s …
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BUSINESS NEWS
Govt in Bid to Increase Tobacco Processing and Value Addition
by Kells Dzivaby Kells DzivaGovernment is working on increasing processing and value addition of tobacco from 2 percent to more than 30 percent to increase earnings from the golden leaf. The country has been …
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The Tobacco Industry and Marketing Board (TIMB) has unveiled the schedule for the upcoming 2024 tobacco marketing season, with auctions set to kick off on Wednesday, March 13, 2024, followed …
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2023 Tobacco Exports Jump to US$1,23bn Zimbabwe exported tobacco valued US$1,237 billion last year compared to US$983,4 million generated in 2022 figures from the Tobacco Industry and Marketing Board (TIMB) …
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Tobacco farmers owed by merchants for the crop delivered last season will receive their balances by end of this week, with the Tobacco Industry and Marketing Board (TIMB) vowing to …
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The 2023 tobacco selling season officially opened yesterday with the Government calling for transparency among actors in the industry to eliminate farmer deprivation by middlemen while enhancing fairness and sustainability …