Jump to full article: Zimbabwe Herald (zw), 2009-08-10
Intro: Tobacco small-scale farmers should benefit from the US$60 million facility that was availed by the African Export-Import Bank (Afreximbank) to finance tobacco production this season, Tobacco Industries and Marketing Board chief executive Dr Andrew Matibiri has said.
The bank announced that it was finalising a US$60 million credit line scheme to boost flue-cured tobacco production ahead of the next season at the Zimbabwe Tobacco Association congress recently held in Harare.
In an interview, Dr Matibiri said small-scale tobacco growers were in dire need of funding since they faced financial problems every season.
He, however said he was still in the dark as to where the funds were and how they were going to be disbursed.
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