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Tag : Tobacco

Business

Zimbabwe tobacco sales down 23.5% after poor rains

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Sales of Zimbabwe’s tobacco, the second largest foreign currency earner, fell 23.52% to 178.7 million kilograms this year, official data showed on Monday, after production...
Business Insurance

South Africa retailers feel pain from virus pandemic

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South Africa’s retail industry is feeling the pain from the coronavirus pandemic on two fronts — store closures during lockdown and the sharply reduced purchasing...
Business

South African rand stronger after Ramaphosa announces lockdown easing

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The South African rand began the week stronger on Monday after President Cyril Ramaphosa announced a sweeping removal of lockdown restrictions over the weekend. Ramaphosa...
Business

South Africa’s retail sales plunge in April and May after hard lockdown

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South Africa’s retail sales plunged by a record 50.4% in April and 12% in May, data showed on Wednesday in the latest evidence of the...
Business

CBN: Economy contracted in May

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Economic activities in manufacturing, production, new others and other indices contracted in May after recording at least 36 months of consecutive growth. The statistics department...