Boka unveils new auction floor at Karoi

One of the largest tobacco companies in the country, Boka Tobacco Floors (BTF), has opened a sales floor in Karoi – in Mashonaland West Province – which comes handy in reducing the number of farmers travelling to Harare to sell their commodity at a time Zimbabwe is battling to contain the spread of deadly Covid-19.

The 2020 tobacco selling season started last week after the authorities instituted strict measures to control the spread of Covid-19, which has infected 34 people and killing four in the country.

Tobacco is Zimbabwe’s second largest foreign currency earner after gold and export receipts, mainly from China, some European countries and South Africa amounted to nearly US$750 million last year.

The Reserve Bank of Zimbabwe Governor, Dr John Mangudya is on record that tobacco proceeds are almost enough to cater for the country’s fuel import bill.

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Tatenda Mutumhe

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