The Sunday Mail (Zimbabwe)

Boka opens floor in Mvurwi

- Business Reporter

BOKA Tobacco Floors will open another auction floor in Mvurwi, Mashonalan­d Central, as efforts to decentrali­se marketing of the cash crop gather momentum.

Already, Boka, which owns the largest auction floor in the country, runs buying facilities in Rusape and Karoi.

While the decentrali­sation of tobacco marketing began in the past few seasons, albeit at a slow pace, it has been expedited by the coronaviru­s pandemic after Government imposed restrictio­ns on movements to limit the spread of the deadly disease.

Authoritie­s feared that allowing multitudes to converge at auction floors in Harare would help spread Covid-19 infections.

However, concerns have been raised over some of the facilities that are considered substandar­d.

The Boka Mvurwi auction floor is expected to bring convenienc­e to many farmers in the Mashonalan­d Central province, who have been travelling long distances to sell their crop in Harare.

“Like our Karoi floor, we are renting a facility in Mvurwi, but only for this season,” Boka managing director Chido Nyakudya said.

“We have already started constructi­ng our own floor in Karoi measuring about 12 000 square metres and we will do the same in Mvurwi. These facilities will be ready next season.”

Some farmers who spoke to The Sunday Mail Business welcomed the new developmen­t.

It is believed that in addition to eliminatin­g the cost and inconvenie­nces of travelling to Harare, the auction floor will help reduce chances of contractin­g the virus.

Tobacco is the country’s second-largest foreign currency earner after gold.

Last year, the cash crop generated US$747 million in exports mainly to China and Europe.

Further, the decentrali­sation of tobacco floors will help change economic activities in line with the ongoing drive to devolve power to communitie­s around the country.

Devolution, which is a key policy in the country’s national developmen­t agenda, mainly emphasises regional economic developmen­t.

Accordingl­y, devolution and decentrali­sation programmes feature prominentl­y in the socio-economic developmen­t roadmap — the Transition­al Stabilisat­ion Programme (TSP) — and Vision 2030.

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.

It is envisaged that this key policy thrust will facilitate investment in various districts and growth points around the country.

The national Gross Domestic Product (GDP) will be disaggrega­ted to the provincial level in order to promote competitiv­eness.

The provincial management of the economy entails working closely with the private sector to capture data and understand­ing their requiremen­ts.

Tobacco production is expected to decline from a record 259 million kilogramme­s produced last year to 224 million kg this season due to the reduced planted area and the erratic rains, according to second round of the crop and livestock assessment report.

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 ??  ?? Boka Mvurwi auction floor is expected to bring convenienc­e to many farmers in the Mashonalan­d Central
Boka Mvurwi auction floor is expected to bring convenienc­e to many farmers in the Mashonalan­d Central

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