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Zimbabwe Hopes Tobacco Will Revive Battered Economy
Voice of America ^ | March 16, 2017 | Sebastian Mhofu

Posted on 03/23/2017 5:25:56 PM PDT by Trump20162020

HARARE — Zimbabwe has opened its 2017 tobacco-selling season with hopes the “golden leaf” will change the economic fortunes of the southern African nation. Officials say the tobacco yield has been increasing after a downward turn in 2000 when the government chased white commercial farmers off their land.

Zimbabwean farmers applauded after the 2017 tobacco selling season began Wednesday in Harare at the country’s biggest auction floor.

Reserve Bank of Zimbabwe Governor John Mangudya saluted the farmers.

“Producers of tobacco are indeed our heroes. You are important to this economy. The foreign currency you produce is above $800 million a year. That amount is enough to [buy oil for] Zimbabwe throughout the whole year. Zimbabwe spends about $60 million in fuel per month. You do produce enough fuel in this economy, therefore your importance can never be underestimated,” Mangudya said.

(Excerpt) Read more at voanews.com ...


TOPICS: Business/Economy; Foreign Affairs
KEYWORDS: pufflist; tobacco; zimbabwe
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To: SharpRightTurn

Zimbabwe is a communist country. The USSR was a communist country. If you have ever smoked a cigarette from Russia in the 60s you will understand why communism sucks. On the other hand there were cigarettes from Egypt, which were the kiss of death.

Reagan defeated the Soviet Union. If he had of been patient their damn cigarettes would have killed them anyway.


21 posted on 03/23/2017 10:20:44 PM PDT by cpdiii (DECKHAND, ROUGHNECK, GEOLOGIST, PILOT, PHARMACIST, LIBERTARIAN The Constitution is worth dying for.)
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To: Mears
It sounds like you have taken the smoker's vow:

"I _will_ outlive my doctor!" :-)
22 posted on 03/24/2017 1:29:39 AM PDT by cgbg (Hidden behind the social justice warrior mask is corruption and sexual deviance.)
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