Malawi tobacco farmers knocked sideways as leaf rejection rate hits record 90%

Tobacco farmers have been knocked sideways after rejection rate hit an average 90 per cent, knocking down the slow recovering economy in the process.

Farmers at Chinkhoma

Farmers at Chinkhoma

The turbulent tobacco market coincided with the continued depreciation of the kwacha which was at K744 to a US dollar on Thursday and reports of impending increase in fuel prices.

Auction Holdings Limited Corporate Affairs manager Mark Ndipita said rejection rate at Mzuzu Auction Floors hit a record high of 93 per cent on Wednesday.

He said Limbe Auction Floors recorded an 86 per cent tobacco rejection rate, Kanengo Auction Floor tobacco farmer watched helplessly as rejection rate was at 77 per cent while Chinkhoma in Kasungu had a 69 per cent rejection rate.

”At 77.2 rejection rate at Kanengo, this means only seven out of every 100 bales of tobacco were being sold on Wednesday, this is painful,” said Ndipita.

He said there was a meeting on Thursday between the Tobacco Control Commission, buyers and representatives of farmers in a bid to improve the situation.

Ndipita said most of the farmers had taken bank loans. For tobacco farming, had families to take care of.

“The situation is dire, the farmers cannot feed their families, they cannot pay school fees for their children, they do not have peace of mind because of huge loans they obtained in anticipation of better tobacco prices,” he said.

Malawi’s economy depends on agriculture mainly hinges on tobacco sales which rake in forex.

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Sasamba
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Sasamba
3 months 10 days ago
This is pathetic, despite this being a climate induced problem, our Government is lating us down late last year international institutions warned of a possible dry spell, our Govt said it was ready, but they did nothing. There was no strategy put in place in readiness of this. If they took that warning seriously this problem could be reduced e.g by supplying irrigation equipment to tobacco farmers near rivers, even using water bowsers to save our only Gold.Now our hope is gone and no chance for kwacha to gain strength, now instead of engaging in massive irrigation to avoid a… Read more »
Mnjonja
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Mnjonja
3 months 11 days ago

koma zilipo! This is beyond repair- a write off

MKUPHWASIKA
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MKUPHWASIKA
3 months 15 days ago

Koma abale zimenezi zitha bwanji?

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