Tobacco

Zimbabwe's Economic Revival: Farming Sector Rebounds After Drought

24 days ago

Zimbabwe is witnessing a remarkable resurgence of economic growth, primarily driven by a rebound in its agricultural sector following a challenging period of drought. Several reports indicate that the nation has emerged from its previous agricultural struggles, with farmers now poised to capitalize on favorable weather conditions. This development has resulted in a significant uptick in agricultural output, which is a cornerstone of Zimbabwe’s economy.

Philip Morris to Shut Down German Cigarette Plants Amid Declining Sales

2 months ago

In a significant blow to the traditional tobacco industry, Philip Morris International has announced the closure of its cigarette manufacturing facilities in Germany. This decision comes as a direct response to a marked drop in cigarette sales, reflective of changing consumer preferences and broader trends favoring alternative nicotine products, such as e-cigarettes and heated tobacco devices.