Cotton production in the country is down by 70 per cent, a situation which is worrying agriculture authorities. Gracian Lungu, spokesperson for the ministry of Agriculture, has said the country will record a 70 percent decrease in cotton production. According to Lungu, a lot of cotton farmers did not plant the crop this season as […]
Agriculture authorities say cotton production will this year decline by 70 percent which will negatively affect the country’s forex, In the recently released crop production estimates, production of the crop is expected to significantly drop from around 65000 tons last year to 20000 tons this year, a very big significant drop. The study report attributes […]
Malawi Police in Chikwawa have arrested a traditional leader for allegedly uprooting a farmer’s cotton crop over land wrangle. Sub Traditional Authority Masache was yesterday brought before a magistrate court in Chikwawa on allegation he uprooted a farmer’s cotton crop on a contentious piece of land. The farmer, Zinyemba Tchale told the court yesterday that […]
The China-Africa Textile Factory in Salima could be the beginning of Malawi’s journey to industrialisation, Chinese Ambassador to Malawi Liu Hongyang has said, further promising that the Asian global power will continue courting investors to come to Malawi. Ambassador Hongyang was speaking in Salima on Thursday where he accompanied Vice President Saulos Chilima in visiting […]
Minister of Trade, Sosten Gwengwe says he is impressed with the contribution cotton investment companies are making to boost the cotton industry in the country. Gwengwe said this on Saturday when he visited the China-Africa Textile Company in Salima to appreciate the work the company is doing and the challenges it is currently facing. In […]
Apart from emphasising on development of irrigated agriculture and setting up irrigation schemes, the Greenbelt Authority is geared to go into the international market by exporting cotton-made linen. Greenbelt Authority Chief Executive Officer (CEO), Henrie Njoloma said the authority is looking at value addition facilities which will see exporting of cotton linen materialising. He emphasised […]
Cotton Council of Malawi (CCM) has said Cotton sector has potential of creating 40,000 employment opportunities in the country. CCM Executive Director, Cosmas Luwanda disclosed this Saturday during a follow up visit to Cotton fields by Members of the Parliamentary Committee on Agriculture and Irrigation in Ngabu, Chikwawa He said the employment opportunities could be […]
Government has the interests of cotton farmers at heart hence the allocation of K1 billion in this year’s national budget intended to support the development of the cotton, Minister of Agriculture, Irrigation and Water Development Kondwani Nankhumwa has said. He made the remarks at the official launch of the Cotton Production Campaign for the 2019/20 […]
Government on Friday, November 1 2019, launched the Malawi Cotton Development Strategy (MCDS) and the 2018/2019 to 2022/2023 Strategic Plan for the Ministry of Agriculture, Irrigation and Water Development. Presiding over the official launch at Bingu International Convention Centre (BICC) in the capital, Lilongwe, Minister of Agriculture, Irrigation and Water Development, Kondwani Nankhumwa said the […]
Cotton farmers are now to smile all the way to the bank whilst the country’s forex is to be boosted with the opening of cotton market whuch will run for 90 calendar days, Cotton Council of Malawi(CCM) has disclosed. CCM chairman Cosmos Luwanda said the buying price is K375 per kilogram which is last year’s […]
Ministry of Agriculture, Irrigation and Water Development has reported that wheat and cotton production in the 2018/19 agricultural season will be down slope than before. Second round of the 2018/19 Agricultural Production Estimates Survey (APES) which is conducted by the Ministry of Agriculture and Irrigation and Water Development every year to assess production and productivity […]
Cotton farmers are smiling from cheek to cheek following a surprise upsurge of cotton prices from the initial K370 per kilogram to a whopping K500 per kilogram in most cases. Cotton Council of Malawi official Cosmos Luwanda attributed the sudden upsurge of the cotton prices due to 220 new markets which he said have brought […]
The minimum farm gate prices for cotton have been set at K375 per kilogramme from last year’s K320, officials have disclosed. Ministry of Agriculture jointly with the Cotton Council of Malawi (CCM) and the Cotton Farmers Association of Malawi (Cfam) revealed on Friday that this year’s prices are up by 17 percent. CCM Executive Director, Cosmas Luwanda […]
African Institute of Corporate Citizenship (AICC) in Malawi has asked government to inject US$4.8 million (about K3.5 billion) into cotton farming to revive the industry which it says is at the verge of collapsing. AICC Chief Executive Officer (CEO) Felix Lombe told journalists on Wednesday in Mzuzu that Malawi’s cotton production has gone down from […]
Malawi Cotton Company in collaboration with Cotton Council of Malawi Friday launched a cotton input support initiative which is intended to resuscitate the country’s dying cotton industry. The initiative, which is receiving support from the Chinese government, will target close to 6000 farmers in the pilot phase Speaking at the launching ceremony in Salima, Malawi […]
African Institute for Corporate Citizenship (AICC) has called for government’s support towards the cotton industry which it says is on the decline. AICC Chief Executive Officer, Dr Felix Lombe said despite being the country’s number four forex earner, cotton has over the years experienced low production levels hence the need for government and private sector […]
Malawi police have finally arrested Cotton Ginners Limited (CGL) Chief Executive Officer Abdul Yasin Reiman who fled the country after his company swindled local commercial banks of about K20.9 billion . Reiman, who sneaked out of the country in June this year and was allegedly hiding in his home country of Pakistan, was arrested on […]
Cotton Ginners Limited (CGL) has swindled Malawian banks of $20 million (approximately K17 billion) in loans and its Chief Executive Officer Abdul Yasin Reiman is reported to have fled the country to Pakistan. Insiders confided in Nyasa Times that Reiman got various US dollar dominated loans from various banks in the country including a government […]