Tag Archives: TCC Chief Executive Officer Kayisi Sadala

Business, Top News

Unfavorable rainfall patterns haven’t affected tobacco production-TCC

Maravi Post Reporter

 

By Pemphero Nkhalamba

LILONGWE-(MaraviPost)-Tobacco Control Commission (TCC) says despite unfavorable and  torrential rainfall patterns in the month of March in some part of the country, the tobacco production projection remains intact,

The assurance comes amid floods that have washed away crops due to heavy rainfall in some districts.

The commission says floods-affected districts are not base for tobacco production that the projected volume remains within the range.

Addressing Media Network on Tobacco (MNT) on Wednesday in the capital Lilongwe, TCC Chief Executive Officer, Kayisi Sadala disclosed that the second crop estimate projects tobacco production to 205.5 million kilograms as compared to last year of 202 million kgs with a slight change of volume

Sadala said that there is no significant impact torrential  rainfall patterns that  go along with floods as most affected areas do not grow tobacco

On this year’s opening dates for markets, he said the commission awaits the committee meeting, “I wish to report that the committee will meet tomorrow (today) to consult the government to approve on the dates to open the market and set the minimum price”

In his remarks MNT Acting vice chairperson, Arnold Mnelemba commended the commission for it’s effort to make the network fruitful.

Mnelemba however reminded the commission of  child labour issue saying  is very critical and needs to be addressed for the integrity of the crop, “and that there is a need of afforestation to sustain the farmers to grow the crop”.

The country is expected to have more volume of tobacco by two percent of this year’s marketing season than that of 2018.

TCC preliminary report shows that Malawi will have 206 million kilogram more than what was sold last year of 202 million kg.

The commission has therefore licensed 166.9 million kg this year.

The country realized US$336 million in 2018 marketing season.

 

Business, Malawi, Top News

2019 Malawi’s preliminary report for tobacco volume up by 2%

Lloyd M’bwana

TCC Chief Executive Officer, Kayisi Sadala addressing Media Network on Tobacco (MNT) on Tuesday in the capital Lilongwe,

LILONGWE-(MaraviPost)-The country is expected to have more volume of tobacco by two percent of this year’s marketing season than that of 2018.

According to Tobacco Control Commission (TCC) preliminary report shows that Malawi will have 206 million kilogram more than what was sold last year of 202 million kg.

This means that  the green gold volume has surpassed the buyers’ demand by 35% of 152 million kg requirement.

The commission has therefore licensed 166.9 million kg this year.

Addressing Media Network on Tobacco (MNT) on Tuesday in the capital Lilongwe, TCC Chief Executive Officer, Kayisi Sadala attributed to this year’s increased tobacco volume to last year’s good marketing season.

Sadala disclosed that the commission will carry the second crop-tobacco assessment next week to determine the actual volume of the green gold the county will produce.

He added that second crop report will determine on which dates this year’s marketing season is to open.

“So, far the country has produced more volume of tobacco than what was sold. The increased tobacco volume has also surpassed buyers’ demand by 35%.

“The commission will carry the second crop estimate from February 25 to March 3, 2019. This exercise’ report will determine opening dates for marketing season. However, despite increased this year’s volume, the commission will make sure that all  tobacco is sold out,” assures Sadala.

In his remarks MTN Chairperson, Alfred Chauwa urged the Malawi media to continue writing   stories exposing challenges which tobacco industry is facing.

Chauwa mentioned about illegal tobacco vending which is affecting the price index.

He urged the commission to promote planting of more trees and reduce carbon emissions.

Chauwa who is so passionate on Tobacco marketing value chain drummed up support for good prices for farmers this growing season.

The country realized US$336 million in 2018 marketing season.

 

 

Agriculture, Malawi

Malawi’s 2018 tobacco market closes; fetches US$336 million

Lloyd M’bwana

LILONGWE-(MaraviPost)-The Tobacco Control Commission (TCC) says this year’s  green gold marketing season has been a success with the country realizing enough forex compared to 2017.

The commission’s final crop estimates show the tobacco increase in volume by 19% increase over 2nd round to the total estimate of 176.5 million Kg against buyers demand of 171 kgs.

TCC says the marketing season had more volume of tobacco when compared to 2017 which was under-produced by 45%

Therefore by close of marketing season with Mzuzu flours on Friday, the country realised about US$336 million against US$212 million of 2017.

The commission therefore disclosed that buyers maintain the requirement of 171.3 million kg of tobacco for 2018/2019 growing season.

Addressing Media Network on Tobacco (MNT) on Wednesday, in the capital Lilongwe, TCC Chief Executive Officer, Kayisi Sadala expressed gratitude over 2018 marketing season saying it did not much disruptions.

Sadala attributed market successes to collaboration and collective actions by the Industry spearheaded by the Commission.

Despite good marketing season, he said there were a number of challenges including influx of tobacco from illegal cross border trade, skewed industry estimates that compromised the plan for the selling season.

“There were disagreements between some farmers and tobacco buying companies bordering on contractual agreements and slowed down purchase towards the end of the market due to inadequate storage facilities. But these challenges were sorted out before getting out of hands,”says  Sadala.

On behalf of MNT President, Arnold Mnelemba lauded the commission for good relationship demonstrated with the media.

Mnelemba  however asked TCC to initiate more trainings that empowers the media positive reporting on tobacco.

Tobacco remains the country’s forex earner towards the Gross Domestic Products (GDP) towards national financial year plan.

However, the country’s final consolidated figures for 2017 tobacco earnings pegged at US$212 million

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 US$275 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.

According TCC the average price for this year was US$1.99 which was better as compared to last year’s US$1.41 per kilogram.

The commission said from the US$212 million, flue cured tobacco contributed US$61 million, 19 percent up against last year’s US$45 million.

 

Business, Malawi, Top News

Malawi tobacco market ends August; fetches US$285,2 million in 17 weeks

Lloyd M’bwana

LILONGWE-(MaraviPost)-The Tobacco Control Commission (TCC) says this year’s the green gold marketing season is expected to close by end of August with much hope of the country realizing enough forex compared to 2017.

The commission’s final crop estimates show the tobacco increase in volume by 19% increase over 2nd round to the total estimate of 176.5 million Kg against buyers demand of 171 kgs.

TCC says about 164, 317,002 kgs fetched US$285.2 million for 2018’s 17 weeks of selling when compared 0n the same period in 2017 that sourced US$210 million for 105,247,828 kgs.

The commission therefore disclosed that buyers maintain the requirement of  171.3 million kg of tobacco for 2018/2019 growing season.

Addressing Media Network on Tobacco (MNT) on Wednesday,  in the capital Lilongwe, TCC Chief Executive Officer, Kayisi Sadala expressed gratitude over this year’s marketing season saying it did not much disruptions.

Sadala attributed market successes to collaborative and collective actions by the Industry spearheaded by the Commission.

Despite good marketing season, he said there were a number of challenges including influx of tobacco from illegal cross border trade, skewed industry estimates and compromise the plan for the selling season.

“There was disagreements between some farmers and tobacco buying companies bordering on contractual agreements and slowed down purchase towards the end of the market due to inadequate storage facilities. But these challenges were managed to be sorted out before getting out of hands.

“The marketing season is expected to be closed by end of August that specific dates for the respective selling floors to be communicated in due course. All in all we are having a very good marketing season ever before,” excited Sadala.

MNT President Alfred Chauwa however asked the commission to review some taxes levies saying were punishing already struggled farmers.

Tobacco remains the country’s forex earner towards the Gross Domestic Products (GDP) towards national financial year plan.

However, the country’s final consolidated figures for 2017 tobacco earnings pegged at US$212 million

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.

According TCC the average price for this year was US$1.99 which was better as compared to last year’s US$1.41 per kilogram.

The commission said from the US$212 million, flue cured tobacco contributed US$61 million, 19 percent up against last year’s US$45 million.

Burley tobacco fetched US$144 million from 81 million kilograms as compared to last year’s earnings of US$226 million from a total volume of 175 million kilogram.

 

3rd Round Estimates for 2017/18

TOBACCO TYPE 2nd  Round 3rd Round % change

(3rd vs 2nd )

 2018 Demand
Burley 117,600,000 146,000,000 24.1       135,700,000
Flue Cured 23,700,000 25,100,000 5.9         27,400,000
NDDF 6,000,000 5,000,000 (16.7)           7,920,000
SDF 500,000 425,000 (15)
GRAND TOTAL 147,800,000 176,525,000 19.4 171,020,000

 

3rd Round Estimates (kg) for 2017/18 versus Demand

TOBACCO TYPE 3rd Round 2018 PROJECTION 2018 Demand % change over 2018 Demand Actual Sales (kg)
Burley 146,000,000       135,700,000 7.6          138,485,088
Flue Cured 25,100,000         27,400,000 (8.4)         21,864,316
DFC 5,425,000           7,920,000 (31.5)  3,967,598
GRAND TOTAL 176,525,000 171,020,000 3.2          164,317,002