NEW: Tobacco farmers rake in US$2,4million in three days 

Online Reporter

Tobacco sales generated US$2,4 million on the third day of the marketing season, Tobacco Industry and Marketing Board (TIMB) has said.

A total 955 728 kg of the golden leaf were sold at an average price of US$2,58 per kg by Friday last week.

About 12 135 bales have been sold since the beginning of the marketing season on Wednesday last week.

Auction floors have taken delivery of 354 491 kg, while contractors have contributed 601 237 kg.

The highest price achieved to date is US$5,30 per kg, while the lowest price was US$0,60 per kg.

Related Posts

PARLY VOTE ON AMENDMENT BILL EXPECTED THIS WEEK

Debra Matabvu and Nyore Madzianike PARLIAMENTARIANS are expected to vote on the Constitution of Zimbabwe Amendment Bill (No. 3) in the National Assembly by Friday this week, marking a decisive…

President gifts retired Chief Justice Malaba agric mechanisation package

Sunday Mail Reporter PRESIDENT MNANGAGWA yesterday presented retired Chief Justice Luke Malaba with an agricultural mechanisation package at State House in Harare to support his post-retirement life. The package includes…

Leave a Reply

Your email address will not be published. Required fields are marked *

×
×