Wednesday, March 31, 2010

Malawi to Boost Tobacco Export Earnings 20% as Quality Improves


(Bloomberg) Malawi, the world’s biggest producer of burley tobacco, will probably boost export earnings from the leaf by 20 percent this year as lower output and better quality lifts prices, the Tobacco Control Commission said.
Export revenue from tobacco, which contributes about 60 percent of Malawi’s foreign currency earnings, is expected to rise to $600 million from $500 million last year, Bruce Munthali, chief executive officer of the Commission, said in an interview today in the capital, Lilongwe. Continued

Also: Dollarization to boost next season’s tobacco farming (Zimbabwe)

No comments: