‘Farmers should contend with $300 daily pay-out’

THE Tobacco Industry Marketing Board (TIMB) will not crucify the central bank if it fails to pay $300 per day to tobacco farmers, as there are other pressing cash demands in the economy. TIMB chairperson, Monica Chinamasa told journalists yesterday during a tour to assess tobacco floors’ preparedness ahead of the opening of the marketing season next Wednesday that the Reserve Bank of Zimbabwe (RBZ) was doing its best. “I have a lot of faith in RBZ. If they say $300, they will do their best to look for $300,…

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TIMB, Tobacco deliveries commence on Monday

Preparations for the 2018 tobacco marketing season are well on course with Tobacco Industry and Marketing Board (TIMB) saying on Monday next week booked farmers will start delivering their crop ahead of the opening day of selling on the 21st of March. A visit by ZBC News to some auction floors revealed that there is high anticipation from small scale traders and the auction floors. Anticipation of a brisk 2018 tobacco marketing season is high with the regulator saying all systems are in place as deliveries commence next Monday. “We…

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