Tanzania to earn $188m from tobacco

(busiweek.com) ... Flue Cured Virginia (FCV)’s116 Million kgs each expected av. Price of US$ 1.60 per kg with expected value of US$188.800 million equivalent to Tshs 292.640 bn (exchange rate 1US$ toTshs 1550).
Dark Fire Cured (DFC)’s 4.5 Million kgs each expected av. Price of US$ 1.25 per kg with expected value of US$5.625 million equivalent to Tshs 8.718 billion.
Alliance One is expected to buy 45 million kgs of FCV and 2 million of Dark Fire Cured (DFC), making a total expected volume of 47 million kgs. Continued