Cotton experts are predicting lower cotton yields as most cotton farmers have not repaid a staggering K2 billion loan they obtained from ginners for farm inputs making them ineligible for such loans this year. This comes at a time when tobacco prices are also down casting doubt Malawi will have enough forex to prop up […]
President Arthur Peter Mutharika has reiterated his steady vision to industrialize Malawi and transform it into a predominantly exporting nation in the near future. He was speaking on Monday in Balaka when he officially inaugurated Balaka Cotton Ginnery. “The opening of this ADMARC Cotton Ginning factory is a symbolic return to Malawi’s path to industrialisation. […]
Cotton farmers in Malawi are all smiles following the raise in cotton prices by over 90 per cent for those on contract farming with Cotton Ginners Africa Limited. The company’s general manager Spencer Dzimbiri told a news conference in Blantyre that the cotton firm will splash out K1.3 billion in loans for farm input for […]
Cotton farmers from Karonga Central Constituency have expressed concerns, following Agriculture Development and Marketing Corporation (Admarc) move to suspend the buying of the commodity in the area. Presenting the complaint on behalf of the farmers in parliament, Member of Parliament for the area, Frank Mwenefumbo said the development is worrisome as it will demoralize the […]
Malawi’s President Joyce Banda on Tuesday toured the impoverished Landinyu village in Traditional Authority Chimombo in Nsanje district where she visited a project under Mudzi Transformation Trust before inaugurating the Agricultural Development and Marketing Corporation’s (Admarc) Ngabu Ginnery in the southern district of Chikhwawa which will ensure and provide readily available market to cotton smallholder […]
President Joyce Banda has vowed to do everything in her power to create a conducive environment for doing business in Malawi, and has, therefore, challenged the private sector to take advantage of the outcomes of the tough decisions she is taking. Commissioning the Mapeto Cotton Ginnery Mill in Salima on Tuesday, President Banda re-affirmed her […]
The Balaka Second Grade Magistrate’s court has sentenced three people to 2 years imprisonment with hard labour for planning to rob cotton buyers. Police Prosecutor Sergeant Hunter Masmba told the court that the suspects Andrea Amin 56, Christopher Tung’ande 24 and Goshen Banda 23, were on 22nd May, 2013 at Utale in Balaka district discussing on […]
Deputy Agriculture Minister Ulemu Chilapondwa has said government is impressed with the way cotton sells are doing on the market citing government’s efforts have enhanced the selling process. According to Deputy Minister, the ministry had set a minimum price of K150 per kilogram proceeding 2012/13 growing season. Chilapondwa said this has come in because of […]
Farmers in Malawi’s northern border district of Karonga have expressed disappointment in cotton prices, saying they benefit nothing although the process of cotton involves a lot of labor. This has come to light during the Karonga Cotton Field day at Mlale where farmers showed what they produced from the seedlings that the Agriculture gave them […]
The board chairman for Cotton Farmers Association of Malawi (Cofam), George Mnesa, is advising cotton farmers to cut down the cotton stems before the month of September this year to avoid the of African ball worms which attacks the cotton stems. Addressing 21 chiefs who gathered at group village headman Nyambiro, T/A Ngabu in Chikhwawa on Monday district, […]
The Chinese owned Malawi Cotton Company (MCC) has said that its core interest is not to make more profit for itself but rather to make cotton production more profitable to the common Malawian farmer and the Malawi government in the process. Assistant Manager of MCC Xin Jia said that the company generated over 20 million […]