• June 12, 2024

Zimbabwe: $585 million tobacco sold during 2015 season

Nearly 200 million kg of flue-cured tobacco worth $585 million was sold during the 2015 season, which ended on Sept. 9, according to a story in The Herald.

“Tobacco growers sold 198.7 million kg of flue-cured tobacco worth $586 million during the 2015 marketing season,” said Tobacco Industry and Marketing Board (TIMB) public relations manager Ishemunyoro Moyo. “Earnings declined by 14 percent from the 215.8 million kg worth $684 million that had been sold during a corresponding period last year.”

According to latest TIMB statistics, the seasonal average price was $2.95 per kg compared to $3.17 per kg last year.