LANDS & AGRICULTURE

RBZ maintains 50% USD retention for tobacco farmers

The Reserve Bank of Zimbabwe and the Tobacco Industry Marketing Board have announced payment modalities to tobacco farmers although failing to meet all of the demands, which had been put forward by th...

By Staff reporter | Published: 12 March 2020

LANDS & AGRICULTURE

Tobacco seed sales decline 20%

TOBACCO seed sales have declined by 20%, with the volumes being the lowest since 2015, a development that could see reduced hectarage of the crop next season, a Zimbabwe Tobacco Association (ZTA) repo...

By Staff reporter | Published: 30 September 2019

LANDS & AGRICULTURE

Tobacco farmers protest against buyer

THERE was mayhem at Agribank Mvurwi and Voedesel Tobacco Company on Wednesday afternoon after tobacco farmers failed to access their hard-earned money supposedly transferred into their bank accounts b...

By Staff reporter | Published: 14 June 2019

LANDS & AGRICULTURE

Zimbabwe tobacco sales drop 44%

TOBACCO sales are down 44% at $292,8 million after 53 days of trade, compared to $523,5 million achieved last season, data from the industry regulator Tobacco Industry and Marketing Board (TIMB) shows...

By Staff reporter | Published: 11 June 2019

INDUSTRIALS & ENERGY

Innovative tobacco barn unveiled

A LOCAL engineering firm, Mamsen Engineering, has developed an energy-efficient Twin-Turbo tobacco curing barn that is set cut energy bills for tobacco farmers and reduce the impact on the environment...

By Staff reporter | Published: 11 June 2019

LANDS & AGRICULTURE

Glitter of golden leaf eludes farmers

Since the beginning of the tobacco marketing season on March 20 this year, the disappointment by expectant farmers continues to grow by the day.A toxic cocktail of low prices - despite an arguably qua...

By Staff reporter | Published: 28 April 2019

LANDS & AGRICULTURE

Zimbabwe tobacco sales moving slowly amid disgruntlement

At least 29.3 million kilograms of tobacco worth about 51.1 million U.S. dollars have been sold so far at auction and contract floors as the marketing season is moving slowly due to pricing concerns b...

By Xinhua | Published: 27 April 2019

LANDS & AGRICULTURE

Zimbabwe expects 200 million kg of tobacco

Zimbabwe's tobacco output is expected to decline to 200 million kilogrammes this year owing to unfavourable weather conditions under which the crop was grown, the industry regulator has said. Last yea...

By Staff reporter | Published: 24 April 2019

LANDS & AGRICULTURE

Tobacco deliveries increase as prices firm

Tobacco deliveries at most auction floors are increasing gradually, with the Government yesterday saying it expected prices to firm after the Easter holidays. The 2019 tobacco marketing season started...

By Staff reporter | Published: 24 April 2019

LANDS & AGRICULTURE

US dollar for tobacco, cotton farmers

Tobacco and cotton growers will be paid 20 percent of their produce in foreign currency in the next marketing season while the Government will retain the remainder to help meet imports of essential co...

By Business Weekly | Published: 07 December 2018

LANDS & AGRICULTURE

Over 19 000ha tobacco planted

At least 19 265 hectares of land  have so far been put under tobacco during the 2018 /19 summer cropping  season, up from 18 396 hectares that had been planted during the same period last ye...

By Staff reporter | Published: 07 December 2018

BUSINESS NEWS

Top forex earners to spur Zimbabwe revival

IMPROVED production of the country's two top foreign currency earning commodities, tobacco and gold is likely to be a springboard to the country's economic turnaround.Captains of industry and economis...

By Staff reporter | Published: 25 November 2018

LANDS & AGRICULTURE

Zimbabwe earns $217m from Virginia tobacco

Zimbabwe has so far earned $216,8 million after exporting 51,3 million kilogrammes of tobacco to 52 countries, a setback of $72,8 million on export earnings realised during the same period last year. ...

By Staff reporter | Published: 26 July 2018

LANDS & AGRICULTURE

Tobacco output reaches record high

ZIMBABWE's tobacco output has reached a record high of 237.1 million kg just before the end of the 2018 selling season, statistics from the Tobacco Industry and Marketing Board (TIMB) show.This year's...

By Staff reporter | Published: 24 July 2018

BUSINESS NEWS

Agritex, farmers clash over over tobacco stalks

TOBACCO farmers have been urged to take heed of expert advice and destroy tobacco stalks on time in order to safeguard future high yields. In an interview with The Herald recently, an Agritex officer ...

By Staff reporter | Published: 16 July 2018

BUSINESS NEWS

Tobacco fails to deliver Zim forex relief

IH Securities says the economy is yet to feel the impact of the tobacco export proceeds despite being over 90 days into the season.In IH Securities outlook for the month released recently, the local f...

By Staff reporter | Published: 13 July 2018

LANDS & AGRICULTURE

Virginia tobacco exports reach $184m

Zimbabwe has so far earned $184,3 million after exporting 45,2 million kg of tobacco to 49 countries, a setback of 76 million on export earnings realised during the same period last year. According to...

By Staff reporter | Published: 11 July 2018

LANDS & AGRICULTURE

Zim tobacco output hit all-time high

Eighteen years after the collapse of Zimbabwe's agriculture sector in the wake of former President Robert Mugabe's land grab programme, tobacco production has hit a record 207 million kg, with black f...

By Staff reporter | Published: 04 July 2018

LANDS & AGRICULTURE

Zimbabwe hosts tobacco growers' indaba

About 75 delegates from five tobacco-growing countries converge in Harare today to discuss challenges and threats facing the sector.The delegates will be drawn from Zimbabwe, Malawi, South Africa, Tan...

By Staff reporter | Published: 26 June 2018

LANDS & AGRICULTURE

Tobacco sales increase marginally

TOBACCO sales have recorded a 28,3 percent increase so far, raking in $592,3 million compared to $461,6 million earned during the same period last year.Latest data from the Tobacco Industry and Market...

By Staff reporter | Published: 26 June 2018

LANDS & AGRICULTURE

Tobacco output surpasses 200 million kgs

Tobacco sales breezed past 200 million kg on Tuesday, earning $583 million owing to the introduction of export incentives and improved agronomic practices last year, an official has said.During the co...

By Staff reporter | Published: 22 June 2018

LANDS & AGRICULTURE

Zim to surpass 200m kg tobacco output

Zimbabwe is likely to surpass the 2017 /18 targeted tobacco output of 200 million kilogrammes, given that farmers have already delivered 190 million kgs, with over 50 days to go before the marketing s...

By Staff reporter | Published: 18 June 2018

LANDS & AGRICULTURE

Tobacco farmers gross over $500m

Tobacco farmers have grossed $515,1 million from 177,8 million kilogrammes that have been delivered 52 days into the 2018 marketing season, a gain of more than $95 million on revenues realised during ...

By Staff reporter | Published: 12 June 2018

LANDS & AGRICULTURE

'Tobacco set for record outturn,' says Equity Axis

ZIMBABWE's tobacco output is poised for a record outturn, with produce that has so far gone through the sales floors reaching 73 percent of target, an advisory firm has said.Equity Axis, one of the co...

By Staff reporter | Published: 07 June 2018

LANDS & AGRICULTURE

$400 million worth of tobacco sold

NEARLY $400 million worth of tobacco has so far been sold at the auction floors since the beginning of the marketing season in March, official figures show.The Tobacco Industry and Marketing Board (TI...

By Staff reporter | Published: 07 June 2018
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