NEW: Tobacco farmers rake in US$574m

Online Reporter

Tobacco sales generated US$574 million as at day 45 of the marketing season, latest figures from the Tobacco Industry and Marketing Board (TIMB) show.

A total of 186 million kg of golden leaf have been sold to date at an average US$3 per kg.

About 2,4 million bales have been sold since the beginning of the marketing season.

Auction floors have taken delivery of 15 million kg, while contractors account for 176 million kg.

The highest price achieved to date is US$6,10 per kg, while the lowest price is US$0,10.

facebookShare on Facebook
TwitterPost on X
FollowFollow us
PinterestSave

Related Posts

President Mnangagwa headlines inaugural Industrialisation Conference & Expo
President Mnangagwa headlines inaugural Industrialisation Conference & Expo

President Mnangagwa is today expected to officially open the inaugural Zimbabwe Industrialisation Conference and Expo (ZICE) 2026 at the Harare International Conference Centre. More than 1 000 delegates and 200…

Continue reading
Understanding the two paths shaping the future of AI
Understanding the two paths shaping the future of AI

  Godfrey Nyoni   ARTIFICIAL Intelligence (AI) is no longer a technology reserved for multinational technology companies and research laboratories. Today, startups, universities, governments and businesses of every size are…

Continue reading

Leave a Reply

Your email address will not be published.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

×