Zimbabwe’s tobacco marketing season is due to start with auction sales on February 15 and contract sales the following day.
Tobacco Industry and Marketing Board chairperson, Monica Chinamasa, told journalists yesterday that four auction floors and seven buying teams would be operating this year.
The auction floors are: Tobacco Sales Floor, Boka Tobacco Auction Floors, Millennium Tobacco Floors and the new player, Premier Tobacco Auction Floors.
The initial crop target was set at 150 million kg, but an estimate will be made in about a month’s time when the board has had time to assess whether unhelpful weather has reduced that amount.