Commercial Farmers' Union of Zimbabwe

Commercial Farmers' Union of Zimbabwe

***The views expressed in the articles published on this website DO NOT necessarily express the views of the Commercial Farmers' Union.***

Tobacco makes a recovery

Tobacco makes a recovery

http://www.thezimbabwean.co.uk

Written by Chief Reporter
Saturday, 11 June 2011 12:25
Highest sales in a decade

HARARE – The bids of buyers and sellers echoed loudly across the massive 
Tobacco Sales Floor in Willowvale as 2,800 bales were sold. This has been 
widely acclaimed as a 10-year record. But before the disastrous land 
“reform” engineered by Zanu (PF) using party thugs in a desperate attempt 
to stay in power, 18,000 bales were routinely sold every day.
Tobacco has traditionally been the mainstay of Zimbabwe’s economy and the 
largest single export earner. After more than a decade of chaos that has 
seen the often bloody invasion of 4,000 white-owned farms, tobacco 
production had dropped to record lows.
But it is picking up again, with the latest figures showing that the current 
production is just 20 per cent lower than record high production. The 
Tobacco Industry Marketing Board said this week over 103million kgs of 
tobacco worth $277million has been sold since the auction floors opened on 
February 15 this year.
TIMB stats show that the three auction floors, Boka Tobacco Floors (BTF), 
Millenium Tobacco Floors (MTF) and Tobacco Sales Floor (TSF) had by last 
Friday sold 48 million kgs of tobacco while 55 million kgs had been sold 
under the contract system.
The board’s CEO, Andrew Matibiri, said the average price was $2.69, a figure 
lower than the $3.01 registered during the same period last year. He 
projected that 170 million kgs of the golden leaf will be delivered to the 
floors under the contract system. That would be a sharp increase from the 
123 million kgs worth $347.8million sold last year.

Official vandalism
The decline so far, which industry figures blame on “official vandalism”, 
represents a loss to the nation of millions in scarce dollars – disastrous 
for a tiny economy like Zimbabwe’s. Although buyers, sellers and their 
valuable produce covered barely one third of the sales floor, it was a 
record-breaking week – the highest in a decade A floor manager at the 
auctions said: “Its beginning to look up. Comparing this with 10 years ago, 
we would be fully booked by now. There has been so much uncertainty about 
the future. But it seems the new farmers are filling the gap, even though 
there are issues with the quality of the leaf, hence the lowering of 
prices.”
After grabbing the commercial farms, the “new” tobacco farmers have had to 
cope with fuel and currency shortages. One buyer said: “It’s a miracle that 
we have a crop at all, given all that has happened over the past decade.” 
Perhaps most disastrous of all, many of Zimbabwe’s best tobacco farms were 
among the 4,000 properties “compulsorily acquired” by the government. Once a 
farm’s ownership is under dispute from the evicted white farmer, banks will 
not provide loans and the new farmers have struggled to maintain production. 
It is believed the majority of the white farmers who have been kicked out 
were mainly tobacco farmers.

Evicted farmers
Tobacco industry experts say Zimbabwe has lost a lot of growers to New 
Zealand and Australia and the few who remain grow less with the new farmers 
providing the bulk of the crop.
Evicted farmers who have sought legal redress have argued that the onslaught 
on the tobacco industry is part of President Robert Mugabe’s wider attack on 
the white minority. He has pledged to end what he calls “white control” of 
the economy and tobacco – largely grown by white farmers and sold to white 
buyers – has always fed his paranoia. By wrecking the formal economy, Mugabe 
has reinforced his grip on power by creating a Zimbabwe where everyone was 
dependent on government patronage.
One industry figure said: “This is official vandalism with a political 
purpose.” But Matibiri says the new farmers have proved to be competent in 
tobacco farming, and said the major challenge has been congestion at the 
auction floors. He said TIMB was decentralising its operations into the four 
main tobacco producing provinces in Mvurwi (Mash Central), Marondera (Mash 
East), Rusape (Manicaland) and Chinhoyi (Mash West).
“Farmers are now able to get services at these centres with regards to 
registration, submission of production estimates, sales bookings and general 
advice on topical matters in the industry,” he said. He said the new policy 
of “deliver today, sell tomorrow” was aimed at improving efficiency of the 
marketing system and providing small scale producers, which are in the 
majority, with as much assistance as possible.

Facebook
Twitter
LinkedIn
WhatsApp

New Posts: