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💰 Business9 March 2026·2 min read·

Zimbabwe Tobacco Prices Drop 45% at Start of 2026 Marketing Season

Source: 263chat

Tobacco prices in Zimbabwe have fallen sharply by 45% at the opening of the 2026 marketing season, raising serious concern among farmers and industry stakeholders. Premier Tobacco Auction Floors operations manager Samuel Garaba confirmed the steep price decline recorded during the first days of sales. The drop poses a significant threat to farmer incomes and the broader agricultural export sector, which relies heavily on tobacco as a key foreign currency earner.

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