The Tobacco Control Commission (TCC( has approved a list of 25 commercial tobacco graders to grade this years tobacco leaf popularly known as Malawi gold. Both TCC Chief Executive Officer Kaisi Sadala and his deputy Levi Phelani confirmed the development but could not be drawn to disclose how many had applied to offer the service […]
Malawi Parliament has recommended for a more powerful Tobacco Control Commission to regulate the growth and trading of tobacco and that leaf buyers should stop growing the country’s gold leaf. Parliamentary Committee chairman on Agriculture Joseph Chidanti Malunga said this in the 193 strong House on Tuesday when he presented a report on Tobacco industry […]
Tobacco Control Commission (TCC) is finally closing Malawi’s top foreign exchange earner tobacco markets across the country as Chinkhoma has finally received the last bales on Wednesday ahead of the closure of the market on Friday. TCC general manager Kaisi Msadala said Limbe Auction Floors will shut down next week to be followed by Lilongwe […]
Officials from Tobacco Control Commission say tobacco has already earned the nation US $52million, US $16million more than last year same time. Chief executive officer for the TCC Kaisi Sadala said this was a great leap than last year when the tobacco market was marred with low and smoky prices. Sadala said same time last […]
The tobacco sales season opened Monday in Malawi with the crop —the country’s main foreign exchange earner – fetching up to $2.10 per kilogramme while low-quality tobacco was going at $8 per kilogramme, beating the minimum prices that were projected at Auction Floor in the capital Lilongwe. Tobacco Control Commission (TCC) chief executive officer Kayisi Sadala […]
Tobacco could fetch better prices this year as the market opens on April 9 due to a 0.85 drop in the expected harvest from the 2017– 2018 growing season. The second estimates indicate that Malawi will record a slight drop in the production of around 147.8 million kilograms against the initial estimates of 149 million […]
President Peter Mutharika has fired the chief executive officer for tobacco regulator, the Tobacco Control Commission (TCC) Dr Albert Changaya. No reasons have been provided for the firing. Changaya has since been redeployed to the ministry of Agriculture, Irrigation and Water Development . David Luka, who deputised Changaya at the Tobacco Control Commission has taken over […]
Tobacco Control Commission (TCC) officials are upbeat that differences rocking the sale of tobacco would be history following what they describe as successful the meeting of representatives of buyers and farmers. TCC chief executive officer Albert Changaya said most of the challenges that haunted the sale of the leaf have been drastically reduced. “We discussed […]
Tobacco Control Commission (TCC) has commended key tobacco buyer Japan Tobacco International (JTI) for investing K52 million towards rehabilitating a link road in the Kanengo industrial area. TCC Chief Executive Officer Bruce Munthali said Monday during commissioning of the road that JTI has demonstrated commitment to the country’s tobacco industry through investment in the road which is […]
While some economic commentators describe it as a positive, Tobacco Control Commission (TCC) says the appreciation of the Malawi Kwacha against the dollar is a negative for tobacco farmers in the ongoing tobacco selling season. The kwacha is trading at K441.803 against the US dollar as of Friday in the country’s commercial banks, Nyasa Times found out. TCC board […]
President Peter Mutharika on Wednesday officially opened this year’s tobacco marketing season at Kanengo Auction Floors in Lilongwe with a call from tobacco buyers to offer good prices for the green gold and reiterated that tobacco will remain Malawi’s main foreign exchange earner despite the ongoing global anti- smoking lobby. Mutharika said he will not […]
Tobacco Association of Malawi (Tama) says it is optimistic that buyers will offer favourable prices for this year’s leaf. As President Peter Mutharika is scheduled to officially inaugurate the 2015 tobacco auctions sales on Wednesday. Farmers want to get a better deal from the sales this year amidst complaints of exploitation. Tama president Reuben Maigwa […]
Malawi President Peter Mutharika is scheduled to officially inaugurate the 2015 tobacco auctions sales on Wednesday April amid anxiety surrounding Malawian farmers’ expectations of prices with the Kwacha currency reportedly gaining against the United States dollar. State House press officer Chikondi Juma informed Nyasa Times in a statement on Easter Monday that President Mutharika will open […]
Lethal floods in Malawi which have killed at least 176 people have caused extensive damage to tobacco, the country’s leading hard currency earner, a senior official said on Friday. According to the World Bank, tobacco accounts for around 60 percent of Malawi’s exports, and the floods come as the impoverished southern African country struggles to […]
Citing falling prices and government apathy, Malawi’s tobacco growers feel they are stuck between a rock and a hard place. “I will stop growing the crop if the status quo is maintained,” Mishek Chikulumeni, the 46-year-old owner of Chikondi Estate, a tobacco farm located some 12km from the central town of Kasungu, told Anadolu Agency. […]
Tobacco farmers in central district of Kasungu have agreed to petition President Peter Mutharika to do “something” against poor prices from tobacco buyers. This follows farmer’s discontentment on pricing and high rejection rate. The farmers have therefore resorted to engage the Head of State so that he should bargain for better prices on their behalf. […]
The Tobacco Control Commission (TCC) announced on Friday that Malawi has sold a total of 127 million kilogrammes of tobacco, realizing $227 million from the sales since the tobacco market opened in March this year. However, the earnings are 3 percent below what the country earned the same period last year. “This is due to softening of […]
Malawi has earned K15 billion (about US$38 million) from tobacco sales during the first five weeks of the 2013/2014 marketing season, the Tobacco Control Commission (TCC) announced Tuesday. TCC chief executive officer Bruce Munthali told reporters in the capital Lilongwe that 28 million kilogrammes of tobacco have so far been sold at the auction floors […]