Business is anticipated to be brisk during this seasonâ€™s tobacco marketing season which starts this Wednesday owing to the return of some traditional buyers that had shunned the Zimbabwe auction floors in the previous seasons.Dr Made made the prediction while addressing stakeholders in the tobacco industry at luncheon to mark the tobacco marketing season in the capital.
With the tobacco auction floors set to open for business in a few days time, Dr Made said farmers are set to receive a fair deal of their products thanks to a general increase of expected buyers this season.
â€œI urge all of us to ensure that farmers receive fair prices as reflected by the market demandâ€¦ I am encouraged to hear that some of the major international manufactures that stopped buying tobacco from Zimbabwe expressed their interest to return,â€ said Dr. Made.
According to the law of demand and supply, the more demand a product receives on the market translates to an increase in the prices.
Tobacco Industry and Marketing Board (TIMB) Chairman, Mr. Njodzi Machirori said his organisation has put in place mechanisms to ensure that farmers get a fair deal of their products unlike in the previous marketing seasons.
â€œWe have licenced 21 companies as â€˜Aâ€™ class buyers this season. The licensing of â€˜Bâ€™ class buyers remains suspended pending further consultations. We have also put in place mechanisms to ensure transparency on the floorsâ€¦,â€ Mr. Machirori said.
The two auction floors approved by the TIMB for business operations this season have since confirmed their preparedness to host farmers with Tobacco Sales Floor Managing Director, Mr. James Mutambanesango saying they will open their floors this Thursday, while Boka Tobacco Floors is anticipating opening earlier than anticipated pending renovations.
This season, government has projected a tobacco output of over 170 million kilogrammes which is a marked improvement from last seasonâ€™s 120 million kilogrammes.