A high level delegation of seven Egyptians Tobacco buyers have arrived in the country where they are expected to seal deals with Malawi based commercial tobacco buyers. Tobacco Control Commission (TCC) Chief Executive Officer Dr Bruce Munthali has confirmed this to Nyasa Times. Munthali said the delegation arrived in the country on Monday this week […]
Tobacco sales at Malawi’s Limbe Auction Floor have been suspended on the first dual of sales opening due to wrangling over low prices. Market farmers protested prices were too low for them to make a profit. This comes after this year’s tobacco market was opened by President Joyce Banda at Lilongwe Auction Floors on Monday amidst similar concerns. The buyers […]
President Joyce Banda has expressed optimism that 2014 will be the year when farmers will earn decent incomes from their labour, saying she is impressed with the maximum prices of tobacco at the opening of the 2014 market season on Monday. Banda expressed hope that the 2014 marketing season will be one of the best in the […]
An tobacco market regulator in Malawi, Tobacco Control Commission (TCC) has suspended six of its officers over corruption allegations. Reports indicate that the officials have been barring other farmers from registering as well as demanding cash from some of the farmers for them to get registered. TCC boss Bruce Munthali confirmed the suspension to a […]
The Tobacco Control Commission (TCC) has said the 20 week of the tobacco selling marketing season has so far earned the economy $333 million in revenue. TCC chief executive officer Bruce Munthali said the mark is about 11 percent above the projected earnings of $300 million. “The $300 million has been generated from 155.1 million […]
Malawi’s ever fragile forex reserves continue to enjoy buoyancy as they are being boosted by the ongoing tobacco sales proceedings. The Tobacco Control Commission (TCC) says the leaf has so far earned the Malawi economy $315.3 million for the past 19 weeks since the marketing season. According to the TCC week 19 which clocked July […]
Burley tobacco sales come to an end at Limbe Auction Floors today (Friday July 12, 2013) after 16 weeks of trading, the Tobacco Control Commission (TCC) has said. TCC Chief Executive Officer, Bruce Munthali, said the Limbe market is still open for flue cured and dark fired tobacco sales until end of July. But he […]
Some irate tobacco growers expressed anger on Wednesday in Limbe after tobacco prices dropped from the initial $2.31 per kg in the morning to $1.08 after midday. This is despite a recent report by the Tobacco Control Commission (TCC) showing that the crop’s sales have gone up by 58 percent against same time last year. […]
Experts on the tobacco industry say the country’s on-going gold leaf marketing season continues registering success in both pricing and revenue collected despite other challenges facing the industry. Chief Executive Officer for the Malawi’s tobacco regulatory body, the Tobacco Control Commission (TCC) , Dr Bruce Munthali says in just three weeks after the opening of […]
Official statistics compiled by the Tobacco Control Commission (TCC) have shown that Malawi’s tobacco revenue and volume at the national level have doubled in the second week of trading the leaf, reaching US$ 6.8 million (about K2.7 billion), way above the US$2.1 million earned during the same period last year. TCC Chief Executive Officer Bruce […]
The Malawi tobacco selling season is expected to start off next Monday with great optimism from stakeholders following the good quality leaf from most farmers. Tobacco Control Commission (TCC) Public Relations Officer Juliana Chidumu said everything was set for the 2013 tobacco selling season and Lilongwe Auction Floors will be the first to be opened. […]
Russia’s decision to ban smoking in public places will negatively affect the tobacco industry in Malawi, the Tobacco Control Commission (TCC) has said. Western countries such as the United Kingdom, Germany, Spain and Australia banned smoking in public places and now Russian government has also followed suit. Russian President Vladimir Putin recently assented to a […]
Tobacco Control Commission (TCC) Chief Executive Officer (CEO) Dr. Bruce Munthali says the number of tobacco growers this growing year has increased due to good prices which were offered last year. Munthali said on Friday that the number has shot from 20, 000 licensed tobacco growers to about 50, 000 licensed tobacco growers, saying this […]
Public Relation Officer for Tobacco Control Commission (TCC), has said the average rejection rate for Auction floors this year stands at 8.86 percent. Speaking to Malawi News Agency in an interview iss Juliana Chidumu said this has helped farmers to gain confidence as farmers feel much tobacco has been bought and not rejected thereby reducing the cost of processing […]
Tobacco Control Commission (TCC) has said inclusion of non tobacco related materials inside the bales contribute to low prices. The TCC Chief Executive Dr. Bruce Munthali told official Malawi News Agency that one of the challenges they encountered during the 20/2012 tobacco selling season was that some farmers believed that if they included non tobacco […]
Expectations are high among Malawian tobacco growers for better news as President Bingu wa Mutharika opens the 2012 tobacco marketing season on Monday morning. Mutharika will preside over the official national opening of this year’s tobacco buying and selling season at Kanengo Auction Floors in Lilongwe. The Tobacco Control Commission (TCC) said after Mutharika’s official […]
Farmers in Malawi have formally approached the Tobacco Control Commission (TCC) which is the sector’s regulator to stop tobacco auctioning system. The crop growers through Farmers Union of Malawi are asking TCC to increase contract farming of tobacco which they say assures them of good prices, quality leaf and financial accessibility. Speaking in Lilongwe on […]
Malawi’s tobacco marketing season could not officially close on Friday, December 9, and has been extended to a week with Lilongwe Auction Floors being the last to sell the leaf, putting to rest a strained season ever. Lilongwe has delayed to close after a sudden increase in tobacco bales being ferried to the floors during […]