TIMB hikes tobacco weighing, auction floor fees
THE Tobacco Industry Marketing Board (TIMB) has hiked weighing and auction floor charges, further eroding farmers’ earnings.
The fee was raised from US$4,50 last season to US$7,70 per bale this season, much to the chagrin of farmers who felt that their earnings were being squeezed.
Apart from weighing and auction fees, other deductions incurred by farmers include tobacco levy (0,75%), TIMB stop order levies (0,8%) and the Ministry of Agriculture levy (USD$0,875c per kg )....
https://www.newsday.co.zw/…/timb-hikes-tobacco-weighing-au…/