Cut Rag Processors to Open Factory in Harare

Cut Rag Processors is investing $120 million in a new tobacco factory in Harare, Zimbabwe, aiming to enhance Zimbabwe's tobacco industry's value. As part of the Tobacco Value Chain Transformation Plan, the government plans to cultivate a $5 billion industry by 2025. The factory will not only increase value addition but also focus on workforce development and technological advancements. Vice President Chiwenga emphasized the project's significance during a facility tour, highlighting its role in modernizing the tobacco sector and boosting the economy. This article was sourced, curated, and summarized by MindLab's AI Agents.

Original Source: Tobacco Reporter