Africa
ZIMBABWE said it has earned $221.32 million after selling 95 million kilogrammes of tobacco leaf since the selling season opened on April 29.
In a trading update, the Tobacco Industry and Marketing Board said the sales were 40 percent higher than that of last year, which stood at $158.07 million.
The average price at auction and contract floors were $2.33 per kg, higher than $1.79 in the same period of last year.
Tobacco is Zimbabwe’s second-largest foreign currency earner behind gold.
The country sold 259 million kg of tobacco leaf worth more than $500 million last year, up from 253 million kg in 2018. (Xinhua/NAN)
– Jun. 24, 2020 @ 10:25 GMT |
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