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TIMB Suspends Boka Tobacco Sales Floor

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Tobacco Industry and Marketing Board (TIMB) has suspended Boka Tobacco Sales Floor with immediate effect after reports that Boka Floors had not been paying farmers for several months.

TIMB Public Affairs Officer Chelesani Moyo on Thursday, said Boka Floors suspension will be revoked after they clear all the farmers arrears.

“TIMB wishes to advice the public that we have received several complaints from the growers who have not been paid by Boka Tobacco Sales Floor after sales.

“As a regulator we have engaged with Boka Management to resolve the issue in an amicable manner.

“With immediate effect, TIMB has suspended all tobacco purchases by Boka until they have cleared all outstanding payments, and provided proof of adequate financial resources,” said Moyo.

She later guaranteed growers that they are going to be paid on time in the future.

“We will continue to ensure farmers are paid timeously,” she said.

Tobacco is Zimbabwe’s second largest foreign currency earner after gold and is largely grown by small holder farmer, however tobacco farmers tend to have challenges when it comes to payment and sometimes poor pricing of their tobacco.

In 2016, Tobacco farmers failed to get payment of their crops at several tobacco floors due cash shortages in the banks and slow processing of payments.

@audience mutema

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