News / National
Zimbabwe tobacco sales surpass target
28 Jul 2015 at 07:02hrs | Views
Tobacco sales have surpassed the target set by industry with 192 million kilogrammes having been traded at the auction floors this season. This is despite a poor rainy season characterised by erratic rains and flooding.
The country is a major tobacco grower, and agriculture is identified as one of the pillars of the economic turnaround programme.
Stakeholders in the tobacco industry had set a target of 85 million kilogrammes, down from the 222 million kg Government had predicted.
Latest Tobacco Industry and Marketing Board statistics show that by last Friday; 192, 4 million kg worth $566 million were sold by farmers since the opening of the tobacco selling season.
This is a decline of 8, 5 percent from the 209 million kg worth $666 million sold during the same period last year.
Source - the herald
