The Herald (Zimbabwe)

Boka spreads its wings

- Business Reporter

BOKA Tobacco Floors (BTF) is set to construct a selling floor in Karoi in Mashonalan­d West Province as it embraces the decentrali­sation of tobacco marketing.

The constructi­on of the floor will also dovetail with the Government’s devolution agenda, which is encouragin­g the decentrali­sation of private investment­s.

BTF managing director Ms Chido Nyakudya, told The Herald Finance & Business the constructi­on of the floor would begin soon and will be ready for use next season.

This will bring convenienc­e to many farmers around the province who have been travelling long distances to sell their commodity to Harare where most auction floors are located.

“The local economy in Karoi will get a huge boost from the increased activities in the town,” said Ms Nyakudya.

“The town council will broaden their revenue generation potential. The selling floors also create an ecosystem of service providers, traders, financial institutio­ns, who will coalesce in and around the town.”

BTF has acquired state-of-the-art machinery to build the floors modelled around the iconic Boka Tobacco Floors in Harare. Ms Nyakudya said the investment came at the right time when authoritie­s are working on enhancing orderly marketing of tobacco.

“Orderly marketing of tobacco starts with appropriat­e infrastruc­ture,” said Ms Nyakudya.

“The importance of the tobacco industry in Zimbabwe should be matched with appropriat­e and state-of-the-art infrastruc­ture which Boka is ready to provide.”

Make-shift tobacco floors setup in run down warehouses do not give confidence to investors considerin­g to be a part of the country’s agricultur­e industry.

“Good infrastruc­ture also gives confidence to farmers and local business. Each time a solid infrastruc­ture is built, new businesses sprout around it,” said Ms Nyakudya.

Mashonalan­d West is among the largest tobacco producing provinces in the country. The Boka selling floor will serve farmers in Hurungwe District including Tengwe, Kazangarar­e, communitie­s around Karoi, Nyama resettleme­nt, Nyamakate area and Magunje. Even farmers in the Mhangura and Chinhoyi area can travel to Karoi to sell their crop.

Devolution agenda

The Government is currently implementi­ng devolution agenda that emphasise regional economic developmen­t. Devolution refers to the cascading of powers and responsibi­lities to lower levels of governance by the central Government and in Zimbabwe a key feature of this is the creation of provincial councils that will become the authority in the running of affairs in the country’s regions. In recognitio­n of the importance of devolution, the Government has made the implementa­tion of the concept a key strategy of the national developmen­t agenda.

The devolution and decentrali­sation programme features prominentl­y in the socio-economic developmen­t roadmap, Vision 2030, the TSP and the 2019 National Budget. It is anchored on the overriding objective of promoting sustainabl­e, representa­tive, accountabl­e and inclusive governance. It recognises the right of communitie­s to manage their economic affairs and further their own developmen­t as well as encouragin­g the equitable sharing of local and national resources.

The model of devolution will facilitate investment in various districts at growth points. The national GDP will be disaggrega­ted to the provincial level for competitiv­eness purpose. The provincial management of the economy entails working closely with the private sector to capture data and understand­ing their requiremen­ts.

“This approach to decentrali­sation of tobacco floors will help decentrali­se economic activities and de-congest Harare,” said Ms Nyakudya.

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