Tobacco farmers upbeat following forex retention review

By Wellington Makonese

Tobacco growers in Bindura are now ready for the marketing season which is set to get underway at the end of this month.

The 2021 tobacco marketing season is beckoning with the foreign currency retention threshold, which rose from 50 to 60 percent, a timely incentive for growers at Glamorgan in Bindura.

“We are expecting contractors to buy our crop fairly and we praise government for the 60% forex and 40 percent rtgs which will allow us to purchase important utilities and be able to go back into the field.”

“The 60% retention is a positive development, on the ground farmers will continue increasing their tobacco production.”
While the growers have already undergone Covid-19 awareness training, area legislator, Honourable Remigio Matangira is also excited at the prospect of decentralised auction centres.

“If farmers are to bulk their produce and partners will send lorries straight to their floors, they build a floor here it is a major development, what more would we want, we actually want to decentralise, from Harare and have floors right here where the tobacco is cured, it will avert unnecessary costs and social problems.”

Glamorgan is a predominantly tobacco growing area, which is expected to contribute towards the nation’s target of at least 200 million kilogrammes of the golden leaf.

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