Tobacco selling season ends

By ZBC Reporter
THE 2019/2020 tobacco marketing season has ended, with stakeholders backing the decentralisation strategy for reducing the grower’s costs while also protecting the sector against the Covid-19 pandemic.
Despite a 20 percent drop in overall production volumes during the season under review, it was the increase in prices that created viable returns to the growers.
While officially the selling season ended on Friday last week, a few contract sales are, however, still being conducted.
Tobacco Industry and Marketing Board (TIMB) chief executive officer, Dr Andrew Matibiri said while some challenges were experienced, it is the decentralisation strategy that paid-off in terms of easing costs to the growers.
“Indeed there were mixed fortunes but at least we are happy the season has come to an end we hope the challenges experienced will guide us to the future,” he said.
In its report, the TIMB says this year’s selling season also provided an opportunity for the government and the private sector to formulate viable payment systems and cushion growers against risks while focusing on long term gains.