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Zimbabwe Gets $60 Million to Boost Tobacco Output, Herald Says 

Jump to full article: Bloomberg News, 2009-07-02
Author: Brian Latham

Intro:

Zimbabwe secured a $60 million loan from the Africa Export Import Bank to boost tobacco production, the Herald reported, citing Finance Minister Tendai Biti.

The southern African nation needs about $120 million to increase annual tobacco output to 75 million kilograms (165 million pounds) from 42 million kilograms now, the Harare-based newspaper said.

Often-violent farm invasions by loyalists of President Robert Mugabe have seen tobacco production plummet

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