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Tobacco sales peak

    JOHANNESBURG

    Tobacco sales in Zimbabwe’s auction floors started peaking this week following last weekend’s parliamentary elections, media reports said.
    The reports said farmers started delivering their bales to the Harare sales floors since the end of the elections. The sales, however, have reached only 14 million kg compared to last year’s 160 million kg.

    The producers, who had held back on their harvests before the elections, have seen the prices go up to US $1.57 per kg on Thursday from US $0.99 in April, added the reports. The tobacco farmers - who earn the country one-third of its foreign currency - have harvested more than 225 million kg of tobacco leaves this season, while the previous record was 218 million kg in 1993.

    This article was produced by IRIN News while it was part of the United Nations Office for the Coordination of Humanitarian Affairs. Please send queries on copyright or liability to the UN. For more information: https://shop.un.org/rights-permissions

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