Ncube, Shiri summoned over tobacco auction ruckus

Ncube, Shiri summoned over tobacco auction ruckus
Published: 25 March 2019 (88 Views)
PARLIAMENT has summoned Finance and Agriculture ministers to come and clear the air on why government has gone back on promises to pay tobacco farmers 50% of their earnings in United States dollars.

The tobacco marketing season opened last week with grumbles over the low price of the golden leaf at the auction floors.

Prices were pegged at $4,50 per kg on the first day, compared to $4,99 last year.

As if that was not enough to worry about, the central bank reneged on promises this year to pay growers 50% in foreign currency returns and the remaining 50% in real time gross settlement dollars (RTGS).

Goalposts were suddenly shifted when the market opened with farmers being told that all their payments would be made into their RTGS accounts.

The farmers were urged to write letters requesting that 50% be converted into foreign currency.

Speaking in Parliament on Thursday, Wedza North MP David Musabayana requested that ministers – Mthuli Ncube (Finance) and Perrance Shiri (Agriculture) – come to Parliament to explain themselves.

"In that respect," Musabayana said: "I am requesting the Minister of Finance and Economic Development Honourable Ncube to come and give a ministerial statement with regards to why he went back on his word on the promises that he had made to the farmers.

"In the same vein, I am also requesting the Minister of Lands, Agriculture, Water, Climate and Rural Development to come with a ministerial statement in terms of how the prices of tobacco have gone down, whether he has carried out an investigation or if he is going to put any measures in place to ensure that farmers will not lose the money to be earned from their tobacco."

Leader of the House and Justice minister Ziyambi Ziyambi was tasked by the Speaker to ensure his colleagues came to Parliament to explain.

Zimbabweans are resentful of the unstable local currency whose value keeps on fluctuating with savings continuously being eroded.

Government has adamantly refused to scrap the currency in place of the more stable United States dollar as the anchor currency.


- newzimbabwe.com

 0

You May Like These Videos

Comments

There are no comments.

Latest stories

Jilted man jailed for setting mother-in-law's house ablaze

by Simbarashe Sithole | 24 June 2019 | 56 Views

Another soldier in the suspected armed robbery nabbed

by Simbarashe Sithole | 24 June 2019 | 75 Views

Mnangagwa to open EU-UN Wildlife Economy Summit

by Staff Reporter | 24 June 2019 | 61 Views

Zimbabwe has enough forex, says Chamisa

by Staff Reporter | 24 June 2019 | 76 Views

US tells Mnangagwa to stop interfering with trade unions

by Staff Reporter | 24 June 2019 | 64 Views

Civil servants get pay rise

by Staff Reporter | 24 June 2019 | 77 Views

Nurses call off strike

by Staff Reporter | 24 June 2019 | 51 Views

Arrest thieving Zifa officials

by Staff Reporter | 24 June 2019 | 38 Views

Byo residents up in arms with Zesa

by Staff Reporter | 24 June 2019 | 51 Views

WATCH: Malawi Army steps in

by Mandla Ndlovu | 24 June 2019 | 76 Views

MDC blasts war veterans

by Simbarashe Sithole | 24 June 2019 | 47 Views

Zanu PF youths warned against abusing Mnangagwa's name

by Staff Reporter | 24 June 2019 | 47 Views

Zimbabwe has so far paid $53m to former white farmers

by Staff reporter | 24 June 2019 | 45 Views

Tongaat gazettes retail sugar prices

by Staff reporter | 24 June 2019 | 56 Views

China sends doctors to Zimbabwe

by Staff reporter | 24 June 2019 | 45 Views

Ugandan coach makes U-turn on Warriors

by Staff reporter | 24 June 2019 | 45 Views

Mthuli Ncube interacts with journalists

by Staff reporter | 24 June 2019 | 33 Views

'Moving to SA doesn’t guarantee success'

by Staff reporter | 24 June 2019 | 35 Views

Pregnant pupils divide Parliament

by Staff reporter | 24 June 2019 | 34 Views

Zanu-PF UK gears up Vision 2030 diaspora promotion

by Staff reporter | 24 June 2019 | 22 Views

Nurses call off strike?

by Staff reporter | 24 June 2019 | 30 Views

Top cops, ZPCS, doctors face jail

by Staff reporter | 24 June 2019 | 35 Views

EcoSure US$ packages unveiled

by Staff reporter | 24 June 2019 | 29 Views

Cop molests boss

by Staff reporter | 24 June 2019 | 34 Views

British Council sucked into Riverton Academy exam scam

by Staff reporter | 24 June 2019 | 25 Views

Zanu-PF youths warned against abusing Mnangagwa's name

by Staff reporter | 24 June 2019 | 29 Views

Train as a primary school teacher at UCE

by Staff reporter | 24 June 2019 | 27 Views

MRP engages it's grassroots in Bulawayo

by MRP | 23 June 2019 | 106 Views

Zanu PF's denial propaganda

by ZimVigil | 23 June 2019 | 114 Views

Matabeleland - Zimbabwe border to be redrawn with blood

by Israel Dube | 23 June 2019 | 130 Views

ED now faces tough political choices

by Staff Reporter | 23 June 2019 | 175 Views

Zimbabwe, UK firm partnership to boost local capital markets

by Staff Reporter | 23 June 2019 | 89 Views

Ethiopia's army chief general shot dead in attempted coup

by Staff Reporter | 23 June 2019 | 118 Views

Prices of basic goods going down, says Mthuli Ncube

by NewZimbabwe.com | 23 June 2019 | 127 Views

Private hospitals demand up to US$700 fees

by Staff Reporter | 23 June 2019 | 124 Views

Scandal prone Zinara caught up in yet another murky deal fiasco

by Staff Reporter | 23 June 2019 | 125 Views