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TOBACCO EARNINGS HIT US$38 MILLION

As the Tobacco selling season for 2014 is in the firth Week, reports indicate that Malawi has earned over  US$38 million  easing the country’s pressure on tight foreign exchange situation.

This is double  of the sales realized the same period  in 2013.

Tobacco Control Commission (TCC), Executive Director  Dr Bruce Munthali expressed satisfaction on the progress so far registered since its commencement.

“We are impressed with the pace at which the market is progressing. There is a tremendous improvement over the earnings in comparison with what we earned during the similar period last year,” said Dr Munthali.

Although this is the case, farmers continues to cry over low prices offered in all tobacco markets.

Meanwhile Tobacco remain the county’s economic backbone.

million  easing the country’s pressure on tight foreign exchange situation.

This is double  of the sales realized the same period  in 2013.

Tobacco Control Commission (TCC), Executive Director  Dr Bruce Munthali expressed satisfaction on the progress so far registered since its commencement.

“We are impressed with the pace at which the market is progressing. There is a tremendous improvement over the earnings in comparison with what we earned during the similar period last year,” said Dr Munthali.

Although this is the case, farmers continues to cry over low prices offered in all tobacco markets.

Meanwhile Tobacco remain the county’s economic backbone.

million  easing the country’s pressure on tight foreign exchange situation.

This is double  of the sales realized the same period  in 2013.

Tobacco Control Commission (TCC), Executive Director  Dr Bruce Munthali expressed satisfaction on the progress so far registered since its commencement.

“We are impressed with the pace at which the market is progressing. There is a tremendous improvement over the earnings in comparison with what we earned during the similar period last year,” said Dr Munthali.

Although this is the case, farmers continues to cry over low prices offered in all tobacco markets.

Meanwhile Tobacco remain the county’s economic backbone.

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Robert Ngwira
Robert Ngwira
Attended Our Future Private Secondary School in Rumphi from 2006-2009 Holder of Diploma in Journalism from Malawi Institute of Journalism (MIJ) Hobbies, reading newspapers, going out with friends, listening to radio and watching football. Email: info@faceofmalawi.com

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