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Last year exports of the crop mainly to china south africa and some european countries rose to us 750 million.
Tobacco floors zimbabwe. The 2020 tobacco auction season closed on august 28. Our aim is wealth creation by empowering promoting and leveraging small holder growers and stakeholders in the agribusiness value chain. Statistics from timb shows that auction floors received only seven million kilogrammes of the golden leaf valued at us 19 4 million way below 140 million kg valued us 339 5 million sold via contract floors. Herald reporter tobacco deliveries have reached 181 million kg as contract floors continue to receive deliveries despite the curtain coming down on the selling season for auction floors late last month.
Tobacco is zimbabwe s second foreign currency earner after gold with china and south africa being the major buyers of the golden leaf. Tobacco association of zimbabwe president george seremwe said there was need for government intervention to support farmers to be self reliant and save tobacco auction floors from collapse. In 1936 through the tobacco marketing and levy act the tobacco marketing board was formed resulting in the selling of tobacco through the auction floors and later contract floors from 2004. These will operate in harare under strict guidelines he added.
Boka tobacco floors btf has since established new sales floors in karoi mvurwi and rusape. In zimbabwe tobacco is sold via auction and contract floors. Last year the country sold 259 million kg of tobacco leaf worth 518 million u s. The tobacco industry and marketing board said it will announce the clean up sale dates this month.
Tobacco is zimbabwe s second largest foreign currency earner after gold. Some contractors had already decentralised auction floors and will operate from there while others were geared for harare. The 2020 tobacco auction season closed on august 28. 1994 saw the board reconstituted to cater for the interests of all classes of different types of tobacco growers virginia burley oriental and dark.
Btf owns the largest tobacco auction floors in zimbabwe.
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