Tobacco exports surge

ZIMBABWE’S tobacco exports surged 231% in the week ending February 16, 2024, earning the country US$351,1 million, NewsDay Business can report.

Statistics availed by the Tobacco Industry and Marketing Board (TIMB) show that in the period under review, the country exported 52,1 million kilogrammes (kg) of tobacco, compared to 21,6 million kgs in the same period last year.

According to the report, the Far East remains the biggest buyer of the country’s tobacco, importing 38,8 million kg of tobacco valued at US$307,7 million.

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