Zimbabwe to auction tobacco in February

(newsday.co.zw) The Tobacco Industry and Marketing Board (TIMB) says it will open the auction floors for the 2010/11 tobacco selling season on February 15. ... It is estimated that output will increase to 150 million kilogrammes from about 90 000 hectares in the next season.Contract farming is also expected to increase to 40 000 hectares from 30 000 hectares last year due to facilities that have been availed by the banking sector. Continued