TBZ URGES BUYERS TO SUBMIT TOBACCO PRICE MATRICES FOR APROVAL

Tobacco Board of Zambia (TBZ) says it is set to release the price matrices for the 2025/2026 tobacco marketing season.  

As procedure dictates, buyers are required to submit their price matrices to the Board for approval 10  days prior to the commencement of buying.  TBZ has set April 13, 2026,  as the official date for the opening of the marketing season.

In view of this, TBZ Executive Director Robert Mwale, urged tobacco buyers to submit their price matrices in good time for approval before they start buying, adding that the Board  has put measures in place to ensure the crop is purchased.

Mr. Mwale explained that TBZ will review the submitted matrices against the cost of production in a move to protect the interests of tobacco farmers.  

“Any price matrix falling below this threshold will not be accepted, ensuring farmers receive adequate compensation for their crop,” Mr. Mwale emphasized.

He explained that this measure is aimed at safeguarding the welfare of farmers who invest significant resources in producing high-quality tobacco.  

“We urge stakeholders to remain patient as we finalize the review of price matrices. We are committed to keeping growers informed and prepared for this marketing season,” he said.

Mr. Mwale stressed that TBZ’s priority is to ensure that farmers are fairly compensated for their efforts, which in turn contributes to the growth of Zambia’s tobacco industry.

He reassured all growers that the approved price matrices will be made available in good time and displayed on all licensed tobacco sales floors.  

Mr. Mwale added that the Board will ensure that all necessary arrangements are in place to facilitate smooth and efficient sales transactions.  

“The Board is working with licensed buyers ready to purchase tobacco nationwide. Growers are advised to familiarize themselves with the buying process and requirements for a smooth transaction,” Mr. Mwale urged.

This is according to a statement issued by TBZ Corporate Affairs and Communication Manager, Lee Haamunji.