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Home » Tobacco earnings boost economic outlook
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Tobacco earnings boost economic outlook

written by Elton Manguwo, Staff Writer 0 comments
“This growth signifies a promising outlook for the industry as farmers invest more in certified seed and expand production across the country,”
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ECONOMISTS say tobacco earnings, now close to the US$1 billion mark this season, are set to underpin Zimbabwe’s macro-economic stability and sustainability in the second half of the year.This significant inflow of foreign currency is expected to boost economic activity across various sectors, contributing to a more positive outlook.Development economist Prosper Chitambara highlighted that tobacco…

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