A farmer weeding his tobacco

Farming was the answer

Buhle Nkomo “Life in the diaspora was not rosy as I played cat and mouse with the police when my documents expired,” said Albert Musasa (35), a tobacco grower based in Marondera.

Tobacco rakes in $470 million

Zimbabwe has earned $470 million from the sale of 161 million kilogrammes of tobacco since the 2017 selling season opened on March 15 this year, statistics that the industry regulator released show.

Golden leaf turns farmers pale

Leroy Dzenga Features Writer — National identity cards have turned into a currency as tobacco farmers at auction floors in Harare now use them as collateral to buy food with a promise to pay ca...
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Tobacco exports up 10 percent

Michael Tome Business Reporter The country has exported 45,6 million kilogrammes of flue-cured tobacco worth $214,7 million since the beginning of the year.
The tobacco is being exported at an average price of $4,81 per kg

Tobacco exports up 14 percent

Volumes of tobacco which has been exported now stand at 42,5 million kg, a 14 percent rise from those exported in the corresponding period last year, statistics that the industry regulator released s...

Embrace plastic money, farmers urged

Elita Chikwati Senior Agriculture Reporter Farmers’ unions have urged tobacco farmers to embrace plastic money and trade with dealers with point of sale machines to reduce the negative impact of cash...
Dr Mangudya

RBZ eases foreign payments bottleneck

Happiness Zengeni and Conrad Mwanawashe The Reserve Bank of Zimbabwe has moved to ease foreign payments bottlenecks after it drew-down $100 million on the $150 million African Export-Import Bank loan...

Tobacco sales up 44 percent

Runyararo Muzavazi Herald Reporter Over 20 million kilogrammes of tobacco worth $52,5 million have been sold so far across the country’s auction and contract floors, according to statistics released ...
Mr Hales

Pacific grows in local tobacco market

Business Reporter TOBACCO processor Pacific Cigarette Company (PCC) registered a phenomenal growth in local market share last year and managed to establish a strong presence in export markets.
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Tobacco sales rake in $33m in 10 days

Runyararo Muzavazi Herald Reporter Tobacco sales have reached $33 million since the start of the marketing season 10 days ago, surpassing $23 million realised during the same period last year.

196,5m kg of tobacco worth $578,5m sold

A total of 196,5 million kilogrammes of tobacco worth $578,5 million have been sold since the 2016 marketing season commenced in March this year, latest statistics from the industry regulator show. F...