Tobacco |
Zimbabwe has earned
$871, 2 million from 176,4 million kilogrammes of tobacco exported
mainly to South Africa and China since the beginning of 2017.
Statistics from the
Tobacco Industry Marketing Board's latest weekly bulletin show that
China accounted for over 58,2 million kg valued at $457,2 million while
South Africa bought 23,5 million kg for $75,6 million. With an estimated
350 million smokers, China has been spending over $200 million per
annum on Zimbabwean tobacco.
"As at November 10,
176,4 million kg were exported to 62 countries so far, generating
$871,2 million into the local economy. During the same period last year
tobacco exports generated $870,4 million from 154,2 million kg. The
golden leaf is presently being exported to these countries at an average
price of $4, 94 a kg compared to $5, 64 (in) the same period last year.
"Belgium has so far
bought 21,7 million kg worth $65,04 million (average price of
$2,99/kg), followed by Indonesia, which has spent $40,5 million on 9,7
million kg, while United Arab Emirates stands at 8,6 million kg worth
$16,8 million," TIMB said in its latest weekly bulletin.
Other buyers
include Russia, Bulgaria, Vietnam, Hong Kong, France, Netherlands,
Germany, Holland, Sudan, Spain and Tanzania. Last year, tobacco exports
topped $933 million, which was a marginal surge from $855 million from
the previous season.
During the 2017
marketing season, farmers sold 189 million kilogrammes of flue-cured
tobacco, with contract farmers contributing most of the deliveries at
158 million kg, while self-financed farmers weighed in with 31 million
kg.
Meanwhile, farmers
have planted more tobacco than last season. Manicaland Province is still
leading all the country's provinces in terms of the hectarage that has
been put under flue-cured tobacco, having 12 703 hectares under the cash
crop out of the 42 283ha planted countrywide.
The TIMB bulletin
showed that the 42 283ha of tobacco planted throughout the country is a
0, 9 percent increase from the 41 496 ha planted in the same period last
year.
The bulk of the
hectarage, at 27 885, is under dry land, while 14 398 is under
irrigation. Mashonaland Central tobacco farmers, who usually lead the
pack are in second position, having so far planted 12 014ha, followed by
Mashonaland East with 10 225ha and Mashonaland West with 6 319ha.
Many tobacco
farmers are under contract farming where beneficiaries often access
inputs such as fertilisers and chemicals timely. Some contracts even
cover labour costs.
Agribank has come
up with a $28 million tobacco kitty, which will ensure that the tobacco
auction system remains in place as the domination of the contract system
will entirely affect the tobacco sector through manipulation of the
system as what happened to the cotton sector.
Tobacco
registrations for the 2017 /8 season rose 37 percent to 100 723ha from
73 658ha last season, showing a high appetite of growing the golden leaf
among farmers. Tobacco is the country's highest foreign currency earner
followed by gold.
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