Tag - Zimbabwe

RBZ (Reserve Bank of Zimbabwe) throws tobacco farmers into vicious debt trap

ABOUT 90% of Zimbabwe’s tobacco farmers have been thrown into a vicious debt trap that could be difficult to exit unless the government announces a payment model that addresses glaring shortcomings, the Zimbabwe Tobacco Association (ZTA) warned this week. Speaking ahead of the 2021 marketing season “unilaterally” set for April 7 by the Tobacco Industry...