‘Better funding key to tobacco output’

In a statement released at the weekend, the Tobacco Industry and Marketing Board (TIMB) said more tobacco had been sold this season than last year, but the total market value is lower.

ACCESS to affordable funding is critical to sustaining record production, as high borrowing costs and low profits continue to weigh down farmers, tobacco growers have said. The remarks come ahead of the sector’s marketing season, which opens next Wednesday. Tobacco Growers Association chairman Bright Bvukumbwe said improved funding arrangements largely drove last season’s record output.Advertisements…

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