8 February 2012
 
New Zimbabwe Header
PM: Chihuri only acting ZRP chief
Inyanga sex attack on male trio
Tsvangirai makes slow recovery
30 toddlers jailed with their mums: minister
MORE NEWS
Tobacco output to increase 15 percent
CCZ: cost of living up 5 percent
MORE BUSINESS
Zim actress focuses on black women
Tribes of Africa fashion show launched
MORE SHOWBIZ
Dube rules out Khumalo return
Rahman Gumbo steps in for Mapeza
MORE SPORTS
Councils toolkit for better service delivery
Service Chiefs: Tomana disingenuous
MORE OPINION
 
Spend no cent over the price in 2012
MORE COLUMNISTS
 

Tobacco sales end with record crop

03/09/2010 00:00:00
by AFP
 
Rebound ... Small-scale farmers drive recovery
 
RELATED STORIES

ZIMBABWE’S tobacco sale closed on Friday with a record crop of 122-million kilograms having been sold, which officials attributed to the increase of small-scale farmers joining the industry.

Rodney Ambrose, CEO of the Zimbabwe Tobacco Association, said indications for the next cropping season were that the Southern African country would produce 140-million kilograms.

"The tobacco selling season comes to and end today (Friday) with 122-million kilograms of the leaf having been sold," Ambrose said.

"If we get good weather without too much rain, just like we had this year, the country could produce between 140-million and 150-million kilograms."

The association also said the significant increase could be attributed the fact that about 51 000 small-scale resettled farmers had helped produce the crop.

According to government estimates, tobacco accounts for more than 50 percent of agricultural exports - which translates to about 30 percent of Zimbabwe's total exports.

At the beginning of the selling season, prices ranged between $3.50 and $4.50 per kilogram.

However, these declined to $1.90 and $2 per kilogram.
 

This year's crop output has surpassed the initial 77-million kilograms anticipated at the start of the year.

Last year, Zimbabwe sold 56-million kilograms.

Over the years, tobacco production and earnings declined due to President Robert Mugabe's controversial land reforms, which he said were meant to address colonial imbalances between white landowners and the black majority.

Production has also suffered as a result of successive years of drought.

Traditionally, tobacco sales start in April but this year they were brought forward to February at the request of small-scale growers, who said they needed the money from the sales to finance their next crop.



Advertisement


 
Email this to a friend Printable Version Discuss This Story
 
Share this article:

Digg it

Del.icio.us

Reddit

Newsvine

Nowpublic

Stumbleupon

Face Book

Myspace

Fark
 
 
 
 
 
RSS NewsTicker