Zimbabwe’s tobacco exports increased by seven percent, earning $827.4 million as at November 22 compared to $771.8 million last year, latest statistics from the industry regulator show.
In a trading update, the Tobacco Industry and Marketing Board said the country exported 166.6 million kilograms of tobacco at an average price of $4.96 per kg compared to 138.6 million kg at $5.57 per kg last year.
China remains the top destination of the country’s golden leaf buying 56.3 million kg at $7.82 per kg worth $440.9 million.
South Africa continues to lead the buyers list in Africa, buying 20.9 million kg totalling $64.1 million at $3.06 per kg.
Belgium bought 19.8 million kg worth $59.9 million at $3.02 per kg.
So far, 99 448 farmers have registered to grow tobacco in the upcoming 2017/18 farming season.
Of the 30 719 hectares area planted, 17 019 hectares is under dryland tobacco while 13 700 hectares under irrigated tobacco.- The Source
(157 VIEWS)
Zimbabwe has been ranked third among the least free countries in Southern Africa but it…
I had always considered it a curse for a wife to die before her husband.…
This is a true story about the challenges and loneliness I faced when my wife…
My first long-form article in booklet form: Why I had a girlfriend two months after…
The editor and publisher of The Insider, Charles Rukuni, has started a whatsapp channel through…
A friend who knows about my legal battle with Zimbabwe’s richest man, Strive Masiyiwa, way…
