TC pledges continued Consultations on cost of production

January 19, 2023
The Tobacco Commission has assured tobacco growers in the country that the regulator will continue with consultations on the cost of the production of the leaf.

Tobacco Commission Chief Executive Officer Dr. Joseph Chidanti-Malunga gave the assurance during a consultation meeting with growers in Lilongwe on Wednesday.

The first consultation meeting was held in Blantyre on Tuesday and another is scheduled for Friday in Mzuzu.

“We will continue with these consultation meetings to ensure that in the end, we have figures that are accepted by all stakeholders,” said Chidanti-Malunga at the Lilongwe meeting.

The cost of production contributes significantly to the process of determining minimum prices of tobacco in a given year.

In the determination of the cost of production, the Commission is working with the Agricultural Research and Extension Trust (ARET).

After the consultations with growers, draft figures of the cost of production will be shared with other stakeholders such as tobacco buyers to solicit their input.

Apart from helping in determining minimum prices, the cost of production also helps in guiding decision making by institutions such as insurers, lenders and others involved in the tobacco value chain.

Tobacco remains Malawi’s major forex earner.

How Many Lymph Nodes are in the Neck?

The human body is a...

Licensed volumes treble

As the tobacco selling...

2024 selling season officially closes

The 2024 tobacco selling...

Third round of crop estimates survey results released

The third round of tobacco...

Statement on the confiscation of bales of nested tobacco

The Tobacco Commission would...

2024 tobacco selling season closes early August

The sales committee of the...

0 Comments

Submit a Comment

Your email address will not be published. Required fields are marked *

Related Posts

How Many Lymph Nodes are in the Neck?

The human body is a complicated and complex system composed of numerous organs as well as tissues that interact to maintain optimum health. One important part of this system is the lymphatic system, which plays a vital role in the body's immune response. Lymph nodes,...

Licensed volumes treble

Licensed volumes treble

As the tobacco selling season closed on Friday August 2, the Tobacco Commission had licensed 60.2 million kilogrammes of tobacco, almost trebling the volumes licensed by the same date last year. By August 2 last year, the Commission had licensed 21.7million...

2024 selling season officially closes

2024 selling season officially closes

The 2024 tobacco selling season officially closed on Friday with the sale of 1,238 bales at Mzuzu Selling Floors. President Dr Lazarus Chakwera opened the 2024 selling season at Chinkhoma Selling Floors in Kasungu on April 15. The just ended selling season ran for 16...