Tobacco farmers have welcomed Government's decision to pay them part of their money in foreign currency.The growers are entitled to a cash withdrawal of $300 per sale from banks operating at the aucti...
By Staff reporter | Published: 17 April 2018
Tobacco contracting firm, Agritrade Leaf Tobacco, is in the eye of a storm after it allegedly deducted insurance premiums from farmers without prior contractual agreements.The premiums were submitted ...
By Staff reporter | Published: 16 April 2018
Tobacco farmers are complaining over delays in the processing of their payments at the auction floors in Harare, resulting in most of them spending days camped at the floors.They said their cheques we...
By Staff reporter | Published: 13 April 2018
TOBACCO sales have reached $25.8 million from 8.9 million kilogrammes delivered at the auction floors since the start of the marketing season on March 21, official figures show.During the comparable p...
By Staff reporter | Published: 12 April 2018
The 2018 tobacco sales have reached 12, 2 million kilogrammes with growers earning $34 million in 11 days. Zimbabwe's tobacco marketing season opened on March 21 and is expected to continue until the ...
By Staff reporter | Published: 11 April 2018
Tobacco farmers have grossed $25,8 million from 8,9 million kg of the golden leaf delivered, nine days into the 2018 marketing season.In 2017, farmers had delivered 10,4 million kilogrammes worth $26,...
By Staff reporter | Published: 09 April 2018
Global watchdog Human Rights Watch on Thursday urged Zimbabwe to take urgent steps to stem child labour and other rights abuses on the country's tobacco farms.In a report titled "Bitter Harvest", the ...
By AFP | Published: 05 April 2018
Mashonaland Tobacco Company is targeting a 10 million kilogramme haul of tobacco during the current marketing season at it has recorded a 50 percent increase of growers from the 2016-2017 season. The ...
By Staff reporter | Published: 05 April 2018
ZIMBABWE'S tobacco exports have declined by 35.4 percent to 25.3 million kilogrammes in the first quarter of 2017 against 39.2 million kg exported in the comparable period last year.According to the T...
By Staff reporter | Published: 04 April 2018
International tobacco buyers are expected to mobilise between US$800 to US$900 million to buy the crop this year, a move expected to boost foreign currency inflows into the country, The Sunday Mail Bu...
By Staff reporter | Published: 25 March 2018
THE 2018 tobacco marketing season officially opened yesterday at the Tobacco Sales Floor, with a starting price of $4,90 per kilogramme, up from last year's $4,60 per kg.Although the opening price was...
By Staff reporter | Published: 22 March 2018
The 2018 tobacco season started yesterday with Acting President Retired General Constantino Chiwenga indicating that tobacco will now be covered under the Command Agriculture Programme. "I am elated t...
By Staff reporter | Published: 22 March 2018
The 2018 tobacco marketing season has roared into life with the golden leaf being added to the basket of crops receiving support under the command agriculture programme.The government announced the mo...
By Staff reporter | Published: 21 March 2018
The 2018 tobacco selling season starts today, with stakeholders in the industry expecting a smooth season. Auction floors will open today, while contract sales will start tomorrow. Farmers are expecte...
By Staff reporter | Published: 21 March 2018
MANUFACTURING industries are pinning their hopes on the opening of tobacco auctions next week to increase foreign currency earnings for the country which will assist them in procuring key raw material...
By Staff reporter | Published: 15 March 2018
DEBT-stricken and financially troubled Premier Tobacco Auction Floors has not paid workers for nearly two and half years, raising questions about its financial capacity to purchase tobacco this season...
By Staff reporter | Published: 14 March 2018
The Reserve Bank of Zimbabwe (RBZ) has set daily cash withdrawal limit for tobacco farmers at $300 during the 2018 tobacco marketing season which commences on March 21.In a statement, the Central Bank...
By Staff reporter | Published: 07 March 2018
THE 2018 tobacco selling season is set to begin on March 21 with all the three tobacco auction floors that operated last year having been licenced.The opening of the crop's marketing season comes as a...
By Staff reporter | Published: 06 March 2018
Zimbabwe has exported flue-cured tobacco to the value of $87 million during the first couple of months of this year, down from $157 million in the corresponding period last year.Latest figures from th...
By Staff reporter | Published: 27 February 2018
THE area planted under the tobacco crop in the 2017/18 cropping season has declined by 5.5 percent to 104 397 hectares from 110 518ha during the same period last year, official figures show.The declin...
By Staff reporter | Published: 19 February 2018
ZIMBABWE earned more than $100 million from exporting 14.2 million kilogrammes of tobacco across the world in January, official figures show.Statistics from the Tobacco Industry and Marketing Board (T...
By Staff reporter | Published: 07 February 2018
TOBACCO, Zimbabwe's largest foreign currency earner is under threat after main international buyers resolved not to accept tobacco cured using coal citing environmental concerns.Recently, the Global T...
By Staff reporter | Published: 24 January 2018
Tobacco farmers' registration has reached the 100 000 mark, an increase of 40 percent, the Tobacco Industry and Marketing Board's latest weekly bulletin has revealed.According to the TIMB statistics, ...
By Staff reporter | Published: 15 January 2018
THE Tobacco Industry and Marketing Board (TIMB) says opening of the 2018 selling season is likely to delay due to the late onset of the rains as most of the crop is still in the fields.Under normal ci...
By Staff reporter | Published: 12 January 2018
TOBACCO growers' registration for the 2017/18 cropping season has increased by 40 percent to 113 530 from 81 172 during the comparable period last year.Latest statistics from the Tobacco Industry and ...
By Staff reporter | Published: 10 January 2018
Mnangagwa among 100 most influential people 
Responsible investors channel over $400bn into Africa 
UK, EU agree terms for Brexit transition period 
Market Commentary 19 April 2018 
Annual inflation rate now 3.52% 
NRZ capacity up 30% 
Vacancy - Derivative Traders 
Vacancy - Derivative Traders
