Friday, January 21, 2011

Zimbabwe Industry Tobacco Auction Centre (Zitac) woes continue


(allAfrica.com) The Zimbabwe Industry Tobacco Auction Centre (Zitac), the country's embattled tobacco sales auction floor operator, has threatened the Tobacco Industry Marketing Board (TIMB) with unspecified action for alleged bias in handling the wrangle between property owners Boka Investments and Zitac.
This move comes barely a week after Zitac shareholder Caleb Dengu demanded Agriculture minister Joseph Made's resignation. Dengu was unhappy that Made rubberstamped a decision by TIMB, the industry's regulator, to award a tobacco auction floor licence to Boka Investments, a company run by late businessman Roger Boka's family. Continued

No comments: