TIMB Cracks Down on Illicit Tobacco Trade with Hefty Fines

The Tobacco Industry and Marketing Board (TIMB) has taken a firm stance against illicit trade practices in the tobacco industry, imposing hefty fines on stakeholders engaging in illegal activities. The fines, ranging from US$50 to US$5,000, aim to curb side marketing, smuggling, and other illicit practices that undermine the sector’s growth.

According to TIMB, contractors or auction floors facilitating side marketing will face a penalty of US$200 per bale, while tobacco growers and/or transporters involved in side marketing will be charged US$50 per bale. Merchants buying tobacco at undesignated points will pay a hefty fine of US$5,000 per case.

Sponsor Logo

Rainbow Hotels — Experience Luxury Across Zimbabwe

Rainbow Hotels continues to redefine hospitality standards in Zimbabwe, offering world-class accommodation, fine dining, and modern conference facilities in Harare, Bulawayo, and Victoria Falls.

Whether for business or leisure, Rainbow Hotels delivers unmatched comfort, exceptional service, and a truly premium guest experience tailored to modern travellers.

Book Now
Sponsored Content

Stakeholders engaging in illegal buying or trading of tobacco will be penalized US$50 per bale, while illicit trading or smuggling of tobacco will attract a fine of US$200 per bale. The penalties escalate for more serious offenses, with smuggling or trading a C48 box of semi-processed tobacco carrying a fine of US$500, and merchants involved in illicit smuggling or trading facing a fine of US$2,000.

Operating unauthorized tobacco processing sites will also attract a fine of US$2,000, while merchants defying TIMB regulations will be penalized US$1,000. TIMB has emphasized that these fines are designed to bring order and discipline to the sector, and to protect farmers from exploitation.

The government’s focus on ensuring the tobacco industry’s growth and prosperity is evident in TIMB’s actions. By imposing these fines, the board aims to promote compliance and protect the sector from illicit activities that undermine its development. As the tobacco industry continues to play a significant role in Zimbabwe’s economy, TIMB’s efforts are expected to have a positive impact on the sector’s sustainability and growth.

Business

CORPORATE RAIDERS CIRCLE RIOZIM AGAIN

Read More
Zimplats strategy involves setting up integrated projects, including development of new mines, expansion of smelter, construction of an additional concentrator and base metal refinery, a sulfuric acid plant, and building a 110 MW solar power plant — (File Picture)
Business

Zimplats Reports Quarterly Results: Production and Costs Update

Zimplats Holdings Limited has released its quarterly report for the period ended 31 March 2026, highlighting key developments in production, costs, and major projects. The company recorded one lost-time injury (LTI) during the quarter, with management committed to achieving a zero-harm workplace. Mined volumes decreased by 1% from the prior quarter but improved 17% year-on-year. […]

Read More
Business

Datvest Modified Consumer Staples ETF Delivers Strong Performance

The Datvest Modified Consumer Staples Exchange Traded Fund (Datvest ETF) has announced a strong financial performance for the year ended 31 December 2025, with a 45% year-on-year growth in the fair value of equity investments. The Fund’s inflation-adjusted net asset value after tax increased to ZWG9,400,831, up from ZWG7,262,622 in the prior year. The historical […]

Read More