The Tobacco Control Commission (TCC) says high transport costs continue to negatively affect the country\u2019s earnings from tobacco exports.<\/p>\n
TCC chief executive officer, Bruce Munthali, said in an interview that a big chunk of earnings from tobacco are being eaten through freight costs instead of being passed on to farmers and the economy.<\/p>\n
\u201cMalawi tobacco is very attractive out there, but to export it, is very expensive as the country is landlocked and relies on land transport,\u201d he said.<\/p>\n
He said new modes of transport such as the Shire \u2013 Zambezi waterway project could go a long way in boosting the country\u2019s earnings from tobacco.<\/p>\n
Munthali said that Malawi on average exports over 100 million kilogrammes of semi-processed tobacco, earning between US$250 million and US$400 million a year.<\/p>\n
On the major challenge that has rocked the flue cured auction market, Munthali said the tobacco governing body and the government have already engaged buyers in discussions.<\/p>\n
He admitted that the flue cured auction market is facing a huge challenge in terms of pricing and rejection rate.<\/p>\n
\u201cThis is a major challenge and we are already in talks with the buyers to have the issue addressed,\u201d said Munthali.<\/p>\n
He is, however, optimistic that the issue will be resolved as soon as possible.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Tobacco Control Commission (TCC) says high transport costs continue to negatively affect the country\u2019s earnings from tobacco exports. TCC chief executive officer, Bruce Munthali, said in an interview that a big chunk of earnings from tobacco are being eaten through freight costs instead of being passed on to farmers and the economy. \u201cMalawi tobacco […]<\/p>\n","protected":false},"author":3,"featured_media":4348,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-4344","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/posts\/4344","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/comments?post=4344"}],"version-history":[{"count":1,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/posts\/4344\/revisions"}],"predecessor-version":[{"id":4349,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/posts\/4344\/revisions\/4349"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/media\/4348"}],"wp:attachment":[{"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/media?parent=4344"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/categories?post=4344"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/tags?post=4344"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}