Tobbaco makes K72 billion after 10 weeks of sales

Date:

Over K72 billion has so far been realized from tobacco at the floors after 10 weeks of sales.
There has also been a noticeable improvement in prices of the country’s green gold as the average price averaged $1.51 as compared to last year’s $1.34.
The improvement in pricing is being attributed to the private bidding system by the tobacco buyers especially on auction due to measures introduced to curb the Covid-19 crisis.
Prices have improved this year despite a noticeable downturn in many other sectors due to the pandemic.
-CapitaFM-
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Edgar Naitha
Edgar Naitha
Reporter|| Music Promotor|| Videographer Email: info@faceofmalawi.com

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