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Zimbabwean Tobacco Farmers Demand Full U.S. Dollar Retention

Zimbabwean tobacco farmers have asked the government to allow them to retain 100 percent of their earnings in U.S. dollars in the upcoming selling season, reports The Herald. The request comes after the Reserve Bank of Zimbabwe (RBZ) announced tobacco growers will be paid only 75 percent of their sale proceeds in foreign currency in the… ....

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Zimbabwe Shifts Focus to Value Addition

Having nearly achieved its targeted leaf volumes, Zimbabwe is shifting its emphasis to promoting exports of value added tobacco products, reports The Herald. The Tobacco Value Chain Transformation Plan (TVCTP) aims to capture more value from the tobacco industry by producing larger crops and moving beyond leaf cultivation. Among other things, it calls on farmers to produce a… ....

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