LILONGWE-(MaraviPost)-The country’s final consolidated figures for this year’s tobacco earnings have been pegged at US$212 million, it has been learnt. This is the summing gross collection statistics released by regulatory body, Tobacco Control Commission (TCC) saying the earnings surpass last year’s by 23 percent.

In 2016, a total of 194 million kilograms of tobacco was sold at an average of US$1.42 per kg in which the country realized US275 million.

This was a drop from US$362 million of 168 million kg of tobacco sold in 2015 whilst this year 107 million kilograms went through the auction. This represents a 45 percent increase in terms of volumes sold. Continue reading Malawi 2017 tobacco earnings soar by 23%; fetch US$212 →