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 ZIMBABWE [1]

The world's largest exporter of flue-cured tobacco last year, is confident of getting higher prices on the international market this season despite an aggressive worldwide anti-smoking lobby.

The tobacco industry feels that notwithstanding the anti-smoking campaign, profits will be high as long:s the emphasis on quality is adhered to -since the world glut is in lower grades of the crop. The Zimbabwe Tobacco Association hopes to sell 190 million kg by the end of the season in October, a 15 per cent hike from last season.

Tobacco is Zimbabwe's biggest foreign exchange earner, grossing nearly 30 per cent of the nation's exports. The industry is dominated by white com- mercial farmers. Black farmers, new in the business, are handicapped owing to the high capital inputs required; they accounted for only 1.2 million kg of the 174 million kg produced last season.(IPS)

Publication Date: 
14/06/1995
Down to Earth [2]
Tags:
Tobacco [3], Exports [4], Zimbabwe [5]
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Source URL: http://admin.indiaenvironmentportal.org.in/news/zimbabwe-10

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[1] http://admin.indiaenvironmentportal.org.in/news/zimbabwe-10
[2] http://admin.indiaenvironmentportal.org.in/category/newspaper/down-earth
[3] http://admin.indiaenvironmentportal.org.in/category/thesaurus/tobacco
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/exports
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/zimbabwe