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| Thursday, 24 October, 2002, 16:14 GMT 17:14 UK Zimbabwe tobacco crop 'to halve' ![]() Zimbabwe is the world's second largest tobacco exporter Zimbabwe's tobacco harvest is expected to halve next year due to the difficulties facing farmers.
Now that figure is expected to halve again, with many farmers unable to transplant their seedlings during the critical pre-rain season between 15 October and 15 November. "We're falling behind," Chris Molam, chief executive of the Zimbabwe Tobacco Association told BBC News Online. "Farmers haven't been able to get onto the land. November is looming and we really need to get the crop out." Economists say the reduction of tobacco output could be devastating to the country's ailing economy. Restrained "Tobacco has been earning over 30% of our foreign exchange, and it is the largest employer of labour, so this is going to have quite a dramatic impact," Mr Molam explained.
"It will make a very scarce foreign currency situation pretty dire, especially as we need to import food and fuel." Farmers are facing other restraints as well as the land reform programme. Banks are reluctant to lend to farmers due to the increased risks, fertilizer is in short supply and the overall cost of production has increased by 150% over the past year. Hoping for change The Zimbabwe Tobacco Association made a presentation about the outlook to the Parliamentary committee on agriculture earlier this month. The association is now hoping the government will make some changes to help the farmers before the country's Budget is announced on 14 November. "We're going to miss the boat on a lot of potential if we can't get the seedlings out there," Mr Molam said. Zimbabwe has been the world's second largest tobacco exporter after Brazil. But its current plight is likely to see it fall behind China and the US. |
See also: 17 Oct 02 | Africa 14 May 02 | Business 24 Nov 00 | Business Internet links: The BBC is not responsible for the content of external internet sites Top Business stories now: Links to more Business stories are at the foot of the page. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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