Tinaye Agere
Online Reporter
Tobacco deliveries during the ongoing marketing season have reached a record 260, 6 million kilogrammes, surpassing the previous record of 259 million kg in 2019.
This year, Zimbabwe was targeting 230 kg.
However, latest figures from the Tobacco Industry and Marketing Board (TIMB) show that a total 260,6 million kg had been delivered by June 12, 2023.
Tobacco sales have generated US$787 million as at day 64 of the current marketing season, a significant improvement from the US$511 million that had been generated over the same period last year.
Auction floors have taken delivery of 18 million kg, while contractors have accounted for 242 million kg.
The highest price achieved to date is US$6,10 per kg at the contract floors and US$4,99 at the auction floors, while the lowest price is US$0,10.
Bongani Ndlovu