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Clemence Manyukwe
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/ 7 April 2006

Zim tobacco auction floors face closure

Zimbabwe’s tobacco auction floors face closure next year after farmers failed to repay loans amounting to 1-trillion Zimbabwe dollars at a time when the floors are operating at 8% of capacity due to reduced production. William Nyabonda, a representative of the auction floors, said the introduction of the dual tobacco auction system had compounded their woes.

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