Tags: Tobacco

Anti-smoking lobbyists drive firm into diversification

  TIL Limited, a subsidiary of AHL Group, is diversifying to focus on other products and services on the market apart from concentrating on tobacco. The development comes at a time the country’s main foreign exchange earner is facing an uncertain future due to worldwide pressure exerted by anti-smoking lobbyists. TIL general manager Richard Chikunkhuzeni,…

Tobacco growers blamed for bribes

  Tobacco industry players have blamed growers for fuelling corruption in the leaf’s marketing chain. Ironically, growers have been crying foul for some time regarding corruption in the industry,. However, some have confessed that they palm oil personnel in the whole chain from transporters to auction floor officials to ensure quick sales of their leaf.…

Egyptian tobacco firm to invest K9bn, to buy cigarettes

  Egypt Eastern Tobacco Company, which has partnered Malawi Leaf Company Limited to set up a cigarette manufacturing plant in Lilongwe, has the capacity to buy all the cigarettes that will be produced. In an interview on the sidelines of a cocktail reception commemorating the signing of the memorandum of understanding (MoU) between the two…

LEAF QUALITY PICKS UP AT LIMBE FLOORS

Despite getting off to a poor start, tobacco sales at Limbe Auction Floors have seen an improvement with over two million kilogrammes of flue-cured tobacco sold in two weeks. While confirming the improvement in quality of leaf, Tobacco Control Commission (TCC) regional manager for the South, Willard Singo, however, bemoaned the lower than normal quantity…

Universal Leaf to increase investment in Malawi tobacco industry

By Gloria Masanza** Malawi tobacco buyer Universal Leaf has promised to increase its investment in the industry in order to ensure that growers get the most out of their leaf. Gary Taylor, Universal Leaf Regional Director for Africa made the pledge when officials of the company met Malawi President Peter Mutharika in Washington DC in…

Malawi tobacco experts meet

Malawi’s controversial Integrated Production System (IPS) of growing tobacco, popularly known as contract farming, comes under heavy scrutiny today [Thursday] by tobacco experts who intend to ascertain the benefits being accrued from the new tobacco marketing system. The tobacco conference, organised by the Economics Association of Malawi (Ecama), will bring together key stakeholders in the…

Tobacco industry faces new threat

It never rains but pours for the local tobacco industry, which is worried with the advent of next generation tobacco products (NGTPs) that may eventually reduce demand for genuine tobacco products from Malawi. All major global tobacco manufacturers such as British America Tobacco (BAT), Philip Morris, Japan Tobacco International (JTI), Imperial Tobacco and China Tobacco…

Tobacco growers regret kwacha depreciation

Tobacco Association of Malawi (Tama), the country’s oldest and biggest tobacco growers’ body, has regretted the timing of the massive depreciation of the kwacha against the dollar, saying such a situation should have happened when the tobacco market was in progress. “If the depreciation happens when we are selling tobacco, we will not complain. But…

Malawi explores US market for tobacco

Malawi President Peter Mutharika has asked the US-based Universal Leaf Tobacco Company (ULTC) to lobby their government through Congress to allow Malawi tobacco access the US market. Mutharika made the request to ULTC board chairperson George Freeman during a meeting they held with their respective officials in the US financial capital, New York. Majority shareholder…

Egyptian investors in for cigarette plant talks

A delegation from Egyptian-based Eastern Tobacco Company (ETC) are assessing and conducting talks with various government and private sector officials on their plans to establish a tobacco processing and cigarette manufacturing company in Malawi. The officials have already met representatives from ministries of Agriculture, Lands, Industry and Trade, Malawi Investment Trade Centre (Mitc), Malawi Revenue…

Auction tobacco prices depressed—TCC analysis

A latest market analysis by the Tobacco Control Commission (TCC) has exposed huge price disparities between auction and contract tobacco, with the latter fetching higher prices than the former. The revelations in the TCC market update comes barely two weeks after tobacco auctioneer, Auction Holdings Limited (AHL), complained to Minister of Agriculture, Irrigation and Water…

Tobacco contract system biased—AHL

Tobacco auctioneer Auction Holdings Limited (AHL) has lodged a complaint to the Minister of Agriculture, Irrigation and Water Development Allan Chiyembekeza that the Integrated Production System (IPS) is discriminating against tobacco growers under the auction system. Among others, AHL says growers who have opted for auction system are facing delays in getting their dues in…

JTI presses Malawi to continue with tobacco industry reforms

One of Malawi’s leading tobacco companies, JTI Leaf Malawi has reaffirmed its commitment to partner with Malawi Government, growers and other stakeholders in the country’s drive to transform the tobacco industry. This transformation is geared to strengthen the country’s socio-economic development. The company’s Managing Director Fries Vanneste was speaking in the capital, Lilongwe on Monday…