Search / Tobacco auction floors
TIMB stops contracting tobacco floor's operations
Tobacco Industry and Marketing Board (TIMB) has ordered Bindura contract floor to stop operations in Mvurwi after the local council gave them a community ...Published: 28 Feb 2025 at 19:57hrs | 557 | by Simbarashe Sithole in Mvurwi
Musicians target drug lords, as Mai Mabhena rescues Guruve
Several musicians scattered around Mashonaland Central province have launched their fight against drug cartels describing them as more evil than all criminals on earth.Speaking after musical g...Published: 02 Oct 2024 at 10:50hrs | 445 | by Gideon Madzikatidze
Side-marketing a big threat to tobacco contracting companies
With tobacco auction floors opening this week senior agronomist Lazarus Gatawa has urged all tobacco farmers who are contracted to honor their contr...Published: 10 Mar 2024 at 07:10hrs | 22 | by Simbarashe Sithole
Company employees linked to robbery case
THREE employees at Quest Financial Services have been implicated in a robbery that occurred at the firm's Belgravia branch in Harare on Saturday.The three allegedly teamed up with six others, ...Published: 29 Feb 2024 at 05:00hrs | 6 | by Staff reporter
Zimbabwe tobacco auction floors open in March
The Tobacco Industry and Marketing Board (TIMB) has said auction floors are set to open next month encouraging tobacco stakeholders to fully utilise the TIMB booking system. In a notice t...Published: 08 Feb 2024 at 04:53hrs | 37 | by Staff reporter
Harare hacker steals US$30,000
A Harare man hacked into an account belonging to Premier Tobacco Auction Floors and stole US$30 000.Nyasha Mutasa (33) appeared before magistrate Dennis Mangosi charged with contravening the C...Published: 24 Dec 2023 at 16:11hrs | 13 | by Staff reporter
Huge progress as tobacco sales hit over US$800m
Over 270 million kg of tobacco worth US$817 million have been sold at the auction and contract floors since the beginning of the marketing season in March, with a lot of money flowing into the tobacco...Published: 22 Jun 2023 at 06:35hrs | 1 | by Staff reporter
Tobacco auction floors open tomorrow
Tobacco farmers have started delivering their crop ahead of the marketing season which opens tomorrow at auction floors with the official ceremony at Tobacco Sales Floor.Deliveries for the far...Published: 07 Mar 2023 at 05:23hrs | | by Staff reporter
Chaos as Mbudzi roundabout closes for construction
As motorists adjust to the closure of Mbudzi roundabout while the huge and complex Mbudzi Interchange is built over the next 18 months, the diversion of traffic into roads in Hopely and Waterfalls was...Published: 20 Sep 2022 at 06:01hrs | 2 | by Staff reporter
Zimbabwe's tobacco auction floors ready for opening
Tobacco auction floors are ready for the opening of the marketing season on March 30. Farmers are expected to start delivering the crop next Wednesday. Yesterday, all the three auction...Published: 18 Mar 2022 at 05:26hrs | 27 | by Staff reporter
Authorities unleash sweeping crackdown on forex market
IN a renewed bid to contain the runaway foreign exchange rate - now trading at double the official rate around US$1: ZW$170 - the government has launched a fierce crackdown on currency traders in a mu...Published: 03 Oct 2021 at 08:19hrs | 12 | by Staff reporter
Mnangagwa's twin son takes delivery of US$500k Rolls Royce
President Emmerson Mnangagwa's twin son has taken delivery of a Rolls Royce – triggering questions over the source of his wealth.Pictures emerged on Sunday of Sean Mnangagwa – a soldier â€...Published: 15 Aug 2021 at 21:07hrs | 1 | by Staff reporter
Zimbabwe tobacco in forecast busting show
ZIMBABWE'S tobacco output reached 202,8 million kilogrammes last week, surging past official predictions, which had projected volumes to close at 195 million kg this season. The marketing season kicks...Published: 15 Aug 2021 at 08:57hrs | 1 | by Staff reporter
Ex-Harare Mayor Manyenyeni Hospitalised With Covid-19
FORMER Former Harare Mayor Bernard Manyenyeni and his wife Francesica have been admitted at a private hospital in the capital city after contracting Covid-19 at a relative's funeral in Murewa....Published: 11 Jul 2021 at 21:11hrs | | by Staff reporter
Tobacco auction floors face collapse
FEARS of a potential collapse of Zimbabwe's tobacco auction system mounted last week, with official data indicating that auction floors were trailing way behind revenues earned by contracting firms at...Published: 06 Jul 2021 at 10:30hrs | | by Staff reporter
144 convictions for illegal tobacco sales
WITH Zimbabwe's Tobacco Marketing Season in full swing, 144 out of 277 cases of illegal tobacco sales brought before the country's courts have led to convictions, while over 170 million kgs of the gol...Published: 01 Jul 2021 at 07:23hrs | 2 | by Staff Reporter
500k doses for Covid-19 hotspots
Vaccinations are being stepped up in identified Covid-19 hotspots, now that 500 000 more doses arrived on Saturday with another 2 million expected at the end of this week, to help break the chains of ...Published: 28 Jun 2021 at 07:22hrs | | by Staff Reporter
Bulawayo under lockdown
Bulawayo has effectively been put under lockdown after Cabinet yesterday approved that three districts that are Covid-19 hotspots be placed under localised lockdown, with security details being deploy...Published: 23 Jun 2021 at 08:18hrs | 2 | by Staff reporter
Schools opening deferred as COVID-19 cases surge
CABINET yesterday deferred the opening of schools for the second term by two weeks after the country recorded a sharp increase in COVID-19 infections in recent weeks.The infection rate surged ...Published: 23 Jun 2021 at 07:29hrs | | by Staff Reporter
Police warn new Covid-19 regulation violators
POLICE have warned members of the public against violating the new Covid-19 lockdown regulations, which have banned public gatherings among other measures.Vice-President and Health and Child C...Published: 14 Jun 2021 at 17:51hrs | | by Staff reporter
Chiwenga announces stricter COVID-19 enforcement measures
ZIMBABWE MINISTRY OF HEALTH AND CHILD CARE PRESS STATEMENT BY THE HONOURABLE VICE PRESIDENT OF THE REPUBLIC OF ZIMBABWE AND MINISTER OF HEALTH AND CHILD CARE: 12 JUNE 2021 MEASURES TO CURB THE...Published: 12 Jun 2021 at 20:04hrs | 4 | by Dr Constantino Guveya Dominic Nyikadzino Chiwenga
56 Rusape resettled farmers spared eviction
THE 56 Rusape farmers, who were facing eviction from Nyamasanga Farm in Makoni district, yesterday heaved a sigh of relief after government decided to compensate Bongani Mlambo, the original farm owne...Published: 10 Jun 2021 at 06:29hrs | | by Staff reporter
ZANU PF MP abuses Tobacco Auction floors
Tobacco auction floors in Mvurwi have expressed disgust over alleged abuse of power by Mazowe North Member of Parliament Campion Mugweni....Published: 08 Apr 2021 at 23:54hrs | 2 | by Agencies
Zimbabwe's tobacco floors raring to go
ZIMBABWE'S tobacco auction floors and contracting firms yesterday said they were ready for the opening of this year's marketing season next week. Lands, Agriculture, Fisheries, Water, Climate ...Published: 01 Apr 2021 at 07:09hrs | 10 | by Staff reporter
Farmers do not be a sitting duck to fraudsters
Harvest time is upon us, a time of plenty. Fraudsters are on the prowl looking for who to con, taking your agricultural produce without paying a dime for it. A colleague nearly lost a tonne of...Published: 28 Mar 2021 at 13:11hrs | 1 | by Thomas Tondo Murisa
Stanbic sets up remote branches for tobacco season
Harare - 09 March 2021 Leading financial services institution, Stanbic Bank, has set up nine remote branches at tobacco auction floors throughout the country to enable ease of access to funds for toba...Published: 09 Mar 2021 at 14:39hrs | 3 | by Agencies
RBZ backtracks on farmers' forex retention thresholds
THE Reserve Bank of Zimbabwe (RBZ) has been forced to raise foreign currency retention thresholds for tobacco producers by 10% following pressure from farmers.RBZ also scrapped the compulsory ...Published: 28 Feb 2021 at 08:51hrs | 5 | by Staff reporter
Gringo appeals for help after suffering relapse
Veteran comedian Lazarus Boora, known by his legion of fans as Gringo, has fallen sick again after failing to raise money for medication.Gringo, who turned 47 last month, is battling tesnel or...Published: 03 Nov 2020 at 12:56hrs | 1 | by Staff reportetr
Mthuli Ncube to launch commodities exchange by end November
Finance Minister Mthuli Ncube says that Government will launch a commodities exchange by end of November as part of efforts to improve the way commodities are marketed in the country.Ncube tol...Published: 27 Oct 2020 at 17:44hrs | 3 | by Staff reporter
A case for subsidies in the mining sector
Zimbabwe racked in US$3.2 billion from mineral exports in 2018, a figure which represents 76% of the country's official total export earnings. This year the government has set the target at US$4.2 bil...Published: 11 Jun 2019 at 09:35hrs | 4 | by Victor Bhoroma
Govt, Zimra authorities in standoff over 2% tax
A standoff - which disrupted the start of the tobacco marketing season last week - has erupted between the Finance Ministry and the Zimbabwe Revenue Authority (Zimra) over the operationalisation of th...Published: 29 Mar 2019 at 12:07hrs | 2 | by Staff reporter
Zimbabwe tobacco farmers hold firm to their crop
Tobacco farmers have continued to hold on to their crop amid reports that they have only delivered less than 10% of the golden leaf in the first five days of trading this year, citing poor prices and ...Published: 28 Mar 2019 at 07:48hrs | | by Staff reporter
'US$45m traded on the interbank forex market over past 3 weeks'
THE Reserve Bank of Zimbabwe (RBZ) governor John Mangudya says US$45 million has been traded over the past three weeks of the interbank forex market, a 25% increase in the average weekly trades compar...Published: 28 Mar 2019 at 07:24hrs | 9 | by Staff reporter
Mthuli Ncube scraps 2% tax on tobacco floors activities, normalcy returns
Activities at the country's Tobacco Auction Floors are expected to improve this week following the scrapping of the 2 percent electronic transfer tax on all activities being done at the country's toba...Published: 25 Mar 2019 at 22:50hrs | 1 | by Staff reporter
Tobacco sales proceeds are not for harlots
Now that the tobacco selling season has been opened, some urban yellow-bone thigh vendors are buying bigger wallets and fine tuning their 'horizontal wrestling' skills in order to wrench a dollar or t...Published: 21 Mar 2019 at 19:06hrs | | by Thomas Murisa
Chinamasa's wife implicated in tobacco cartels
THE Tobacco Association of Zimbabwe (TAZ) yesterday alleged corruption in the tobacco industry, with Tobacco Industry Marketing Board (TIMB) board chairperson Monica Chinamasa's name coming out promin...Published: 13 Mar 2019 at 06:59hrs | 2 | by Staff reporter
Trevor Ncube apologises to Zimbabweans
Alpha Media Holdings Boss Trevor Ncube has apologised to Zimbabweans over a story that appeared on Newsday saying RTGS$ to devalue further.Newsday quoted Reserve Bank of Zimbabwe (RBZ) governo...Published: 12 Mar 2019 at 17:00hrs | 2 | by Mandla Ndlovu
Zimbabwe maize harvest forecast at 900 000t
ZIMBABWE expects to harvest 900 000 tonnes of maize this year. This is an upward revision from the 800 000 tonnes initially forecast but is below the 1.8 million tonnes, the country consumes on an ann...Published: 17 Feb 2019 at 16:40hrs | 16 | by Staff reporter
Afreximbank avails $255m letters of credit to Zimbabwe
The African Export Import Bank (Afreximbank) has availed US$255m letters of credit to Zimbabwe for fuel imports and the production of basic commodities in a bid to ensure adequate input supplies to th...Published: 07 Feb 2019 at 08:06hrs | 2 | by Staff reporter
Zimbabwe facing foreign currency shortages, not fuel, says Mnangagwa
News Editor Gift Phiri sits down for a wide-ranging interview with President Emmerson Mnangagwa's spokesperson George Charamba about the stuttering economy and what government is doing to address the ...Published: 13 Jan 2019 at 22:28hrs | 4 | by Staff reporter
RBZ boss faces reality check
RESERVE Bank of Zimbabwe (RBZ) governor John Mangudya today finds himself literally skirting on thin ice as he presents his first post-election monetary policy statement with all sectors of the econom...Published: 01 Oct 2018 at 06:52hrs | | by Staff reporter
Mnangagwa's nephew named in land scam
PRESIDENT Emmerson Mnangagwa's nephew, Tongai, has been accused of illegally parcelling out council land to desperate home-seekers as a vote-buying gimmick.Tongai controversially won the Zanu ...Published: 03 Jul 2018 at 07:24hrs | 3 | by Staff reporter
Police sabotaging residents
Serious sabotage by Mvurwi police station has been witnessed by residents since the ushering in of the new era.Last night two robberies reportedly occurred in Mvurwi where a tobacco farmer was...Published: 24 Jun 2018 at 08:24hrs | 1 | by Simbarashe Sithole
Econet payroll moved to Ecocash
ECONET Wireless Zimbabwe has started paying its staff through EcoCash in what the telecommunications giant says is to spare its employees from the hassle of spending time in bank queues.In a s...Published: 21 Jun 2018 at 07:02hrs | 1 | by Staff reporter
Forex shortages frustrate industry revival
THE Confederation of Zimbabwe Industries (CZI) Matabeleland Chapter says foreign currency shortages facing the country continue to derail efforts to resuscitate industries in Bulawayo.Once the...Published: 14 Jun 2018 at 07:28hrs | 1 | by Staff reporter
Tobacco cash flows fail to improve liquidity
Foreign currency raised from this year's tobacco sales has not improved Zimbabwe's liquidity position because of the significant increase in the fuel import bill caused by a hike in international oil ...Published: 14 May 2018 at 07:55hrs | | by Staff reporter
RBZ optimistic on price stabilisation
The Reserve Bank of Zimbabwe (RBZ) is optimistic that basic commodities' prices will remain stable due to continuous allocation of foreign currency towards procurement of critical raw materials....Published: 13 May 2018 at 11:36hrs | 2 | by Staff reporter
'Grace Mugabe apologised, admitting she had been fooled'
Former Zanu PF women's league treasurer Sarah Mahoka became one of the first ruling party top officials to push the G40 onslaught against President Emmerson Mnangagwa before he was briefly pushed out ...Published: 29 Apr 2018 at 09:37hrs | 2 | by Staff Reporter
Commercial sex workers reap tobacco farmers
They call it survival of the jungle and the tobacco auction floors currently typify this.As farmers seek to enjoy the benefits of their toil so too are commercial sex workers and thieves....Published: 25 Apr 2018 at 13:46hrs | 1 | by Staff reporter
Mukanya has no intentions of dying in a foreign land
DECORATED Chimurenga music proponent, Dr Thomas "Mukanya" Mapfumo says he has no intentions of dying in a foreign land and his visit is the beginning of a solid reconnection with his motherland....Published: 22 Apr 2018 at 09:53hrs | 1 | by staff rpeorter
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