Zimbabwe: Govt Starts Disbursing Tobacco Inputs

Source from:  AllAfrica.com 06/05/2018

Tobacco growers have started benefiting from the Reserve Bank of Zimbabwe's $70 million Tobacco Finance Facility, which is being administered by Agribank and the Tobacco Industry and Marketing Board as preparations for the 2018-19 production season in- tensify.

The facility was put in place last year by Government to ensure inputs get to the farmer at affordable prices.

Government also realised that smallholder farmers were having challenges in accessing funding from banks and contractors.

Last year, Government availed $28 million and this was increased this season to $70 million.

TIMB has so far distributed inputs to 800 farmers since it started rolling out the programme last week.

TIMB corporate communications manager Mr Isheunesu Moyo said the board was targeting to assist farmers with inputs for 40 000 hec- tares.  Enditem