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In the News

Zimbabwe's cash-strapped farmers

Graham Watson

26th March 2017

The BBC's Shingai Nyoka reports from Harare where Zimbabwean farmers are struggling to make ends meet. Tobacco is the country's second largest export, after gold, however, prices have declined to the extent that many small-scale producers are struggling to make a profit and may leave the sector

The sadness is that the crisis is described as potentially the worst since 2008, and the report touches upon the fact that the low tobacco price, combined with a near-worthless currency means that farmers are unable to afford foreign factor inputs and this might be calamitous. Zimbabwe has been through an awful lot in the past few years.

Graham Watson

Graham Watson has taught Economics for over twenty years. He contributes to Tutor2U, reads voraciously and is interested in all aspects of Teaching and Learning.

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