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Launch Of Chavez Lodge And Lounge In Dedza

Fri, 24 May 2024 20:00:00 UTC @ Chavez Lodge and Lounge - On 24 May 2023 there will be a Launch of Chavez Lodge and Lounge in Dedza formerly known as Motel Domwe. During The Launch, The Black Missionaries Band, Anthony Makondetsa, Moda Fumulan... More Info
Young Stunna Live In Malawi

Sat, 25 May 2024 18:00:00 UTC @ Money Men Club (Nancholi-Mpemba Road) - Beer Land Festival Brings Young Stunna all the from South Africa on 25th May 2024 in Blantyre at Moneymen Club.He will be setting the stage on fire, creating an unforgettable night of ... More Info

Malawi sees 36% increase In tobacco exports

Malawi, one of the world’s largest tobacco producers, has realised a 36 percent increase in tobacco exports in first half period of this year, the country’s Tobacco Control Commission revealed.

“Data compiled by the Reserve Bank of Malawi (RBM) has shown that cumulative tobacco exports in the period from January to May this year were at $137.7 million.

“This is an increase from corresponding period last year when the country had exported the commodity for $87 million,” Tobacco Control Commission said in a statement.

Malawi is the world’s most tobacco-dependent economy. Its reliance has contributed to Malawi’s vulnerable economic position on the global level. Tobacco sales generate $165 million per year for Malawi, with tobacco making up 53 percent of southern African nation exports.

Malawi is also one of seven countries in the world that derive at least one percent of export earnings from tobacco. Burley leaf from Malawi makes up 6.6 percent of the world’s tobacco exports and accounts for over 70 percent of Malawi’s foreign earnings.

The country’s tobacco is produced in both large estates, concentrated in the central plateaus of the country, and in small landholdings throughout the country.

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