Business »
Wednesday, 08 May 2013 11:31
HARARE - Zimbabwe has realised $400 million from 103 million kg of flue-cured tobacco sold since the opening of the 2013 selling season mid-February. This indicates a 29,10 percent increase from last season when a total $84 million kg worth $315...Read More
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News »
Thursday, 25 April 2013 11:24
HARARE - Malawi President Joyce Banda says she is impressed by the level of participation by the country’s small-scale farmers in the production of tobacco. Addressing the media after touring Boka Tobacco Auction Floors in Harare yesterday, Banda who is in...Read More
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Business »
Friday, 19 April 2013 12:05
HARARE - Zimbabwe has so far earned $280 million from 75,3 million kgs of flue-cured tobacco sold since the opening of the 2013 tobacco selling season mid-February. This is a 24,25 percent increase from last season when a total 59,6 million...Read More
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News »
Monday, 15 April 2013 11:03
HARARE - The future of tobacco advertising hangs in the balance as government considers a ban. Health and Child Welfare minister Henry Madzorera said tobacco consumption should be aggressively suppressed to eliminate unnecessary expenditures on treating tobacco-related diseases. “We are going...Read More
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Business »
Tuesday, 26 March 2013 11:25
HARARE - Tobacco sales have reached $111 million six weeks after the opening of the 2013 selling season. According to figures from the Tobacco Industry and Marketing Board (Timb), a total of 31 million kg were sold during the period. This...Read More
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News »
Sunday, 24 March 2013 14:20
HARARE - Perched in the farming community of Mapinga in Zvimba East, Mashonaland West Province are two dilapidated tobacco barns that parents have turned into a school. Last week the Daily News on Sunday crew visited the school while checking on...Read More
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Features »
Wednesday, 20 March 2013 11:09
HARARE - Zimbabwe is facing a huge import bill due to an acute maize shortage as more farmers are deserting the staple crop in favour of the golden leaf which has a ready market. Over the past few years small-scale farmers...Read More
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Business »
Wednesday, 13 March 2013 10:28
HARARE - Zimbabwe has earned a total $61,1 million from tobacco sales since the beginning of the 2013 marketing season a month ago, a 7,4 percent increase from $56,9 million realised same period last year. The tobacco auctions have so far...Read More
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Business »
Thursday, 07 March 2013 10:10
HARARE - Zimbabwe has earned $43,4 million from the sale of 12 425 246 kg of tobacco at an average $3,49 per kg, figures from the Tobacco Industry and Marketing Board (TIMB) reveal. However, this is a marginal increase from $43,3...Read More
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Business »
Thursday, 21 February 2013 10:40
HARARE - Zimbabwe raked in $4 million from the sale of 1 201 646 kilogrammes (kg) of tobacco at an average of $3,33 per kg after three days of selling, the Tobacco Industry and marketing Board (TIMB) said. However, this was...Read More
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Business »
Wednesday, 30 January 2013 11:26
HARARE - The Tobacco Industry and Marketing Board (TIMB) has licenced Chidziva Tobacco Processors (Chidziva) to buy burley tobacco this year following closure of sole-buyer Burley Marketing Zimbabwe (BMZ). The move is expected to relieve burley tobacco growers who have over...Read More
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Business » Chengetayi Zvauya, Parliamentary Editor
Friday, 07 December 2012 11:00
Chengetai Zvauya ZIMBABWE’S Parliament is expected to summon tobacco players next year to fully understand an unfolding drama surrounding British America Tobacco’s (BAT) alleged espionage saga and dirty tricks that have ravaged the multi-million dollar industry. Moses Jiri, Parliament’s agriculture committee...Read More
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News »
Thursday, 01 November 2012 09:49
HARARE - Two Mashonaland Tobacco Company (MTC) employees who allegedly siphoned over $80 000 from the company through fraudulent means have appeared before a Harare magistrate. Enos Tapiwa Mushumi, 31, and Thelma Kusanganya, 25, appeared before magistrate Olivia Mariga on fraud...Read More
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News » Ndakaziva Majaka, Staff Writer
Friday, 26 October 2012 11:26
HARARE - Tobacco and alcohol consumers must brace for a price hike as government works towards ensuring that sin taxes fund a disability fund, Labour minister Paurina Mpariwa said. Speaking on the sidelines of the 22nd Session of the ministerial Governing...Read More
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Business »
Thursday, 25 October 2012 12:37
HARARE - Most cotton growers in areas that traditionally grow tobacco have now switched to the golden leaf as a result of cotton’s uneconomic pricing as high cost of production weighs down heavily on profit margins. Speaking to businessdaily, Tobacco Industry...Read More
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