- TIMB CORPORATE PROFILE
1. Our Vision
To be the icon of excellence in the production and marketing of Zimbabwe flavour tobacco
2. Our Mission
In support of our vision we will timely mobilise and distribute requisite resources, develop and operate efficient orderly marketing and information systems which satisfy the expectations of all stakeholders
3. Our Values
- Teamwork and cooperation
- Customer orientation
4. Functions of the TIMB
The Tobacco Industry and Marketing Board is primarily a regulatory and advisory statutory body. In terms of the Tobacco Industry and Marketing Act [Chapter:18:20], the functions of the Board shall be: -
· to control and regulate the marketing of tobacco in Zimbabwe;
· to promote, project and maintain the sale of tobacco;
· to collate statistics relating to the provision, marketing, manufacture and consumption of tobacco;
· to distribute market studies and information relating to the marketing, manufacture and consumption of tobacco;
· to advise the Minister of Lands & Agriculture on all matters relating to the marketing of tobacco; and
· to do all such things which the Act or any other enactment requires the Board to do.
6. Services offered by the TIMB
Ø Administration and control of the tobacco delivery system.
Ø Arbitration and sales supervision at auction floors in order to maintain orderly marketing.
Ø Classification of tobacco from which statistical information is derived and reports published, our website is www.timb.co.zw
Ø Collating and distributing information on production, consumption, manufacture and export tobacco.
Ø Conducting crop assessment surveys to determine crop yield potential and quality composition of the crop in advance of the selling season.
Ø Granting of export permits.
Ø Licencing of tobacco buyers, auction floors and commercial graders.
Ø Monitoring and ensuring timeous and efficient shipment of tobacco exports.
Ø Monitoring the control of tobacco pests to ensure exportation of tobacco free from pesticide residues.
Ø Registration of all types of tobacco growers.
7. Funding of TIMB
The TIMB is a statutory body or public enterprise, which is essentially funded by the tobacco industry itself through levies paid by tobacco growers and buyers
8. Recent Policy Initiatives
The Board, in a bid to achieve more accuracy in the monitoring of tobacco exports and to ensure that value added costs are recovered, introduced a more effective system of export price verification. This entailed the breaking down of export shipments by tobacco grade, year of purchase and price to facilitate the linkage to auction floor prices.
Administration of the Farmers Stop Order Act
The TIMB was given the authority and task of administering the Farmers Stop Order Act [Chapter 18:11] in the tobacco industry by the Ministry of Agriculture in 2004.
TIMB departed from its traditional regulatory role and started operating an input credit scheme from the 2002/03 growing season to forestall the then prevailing decline in national production.
Last Updated ( Wednesday, 02 March 2011 05:16 )