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WHEN the tobacco marketing season opened in March, farmers were assured that everything was in order. There were even rehearsals around the electronic marketing system to ensure everything went like clockwork.
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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.
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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.
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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 cash after they sell their tobacco.
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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.
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NOT everyone would have been happy about the success of Government’s Command Agriculture programme. But even those who initiated the programme had no idea of the amount of rainfall, so couldn’t have predicted how much it would yield at the end of the harvest.
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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 show.
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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 shortages.
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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 facility yesterday.
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Zimbabwe is inching towards the 2018 harmonised elections. President Mugabe last week warned cry babies in the opposition of a “grand defeat”.
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The Interview George Chisoko GC: Mr Molai, how does it feel to be celebrating 15 years of your company’s existence?
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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 by the Tobacco Industry and Marketing Board (TIMB).
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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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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.
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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. Final statistics for the season, which ended on August 5, will be released after conclusion of mop-up sales next Tuesday.
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