Tobacco farmers have expressed disappointment with the time it is taking to have their accounts credited after sales, saying the delay is affecting their livelihoods. Despite the current Tobacco Industry Act not specifying the period within which banks should make payments to farmers, AHL Group, formerly Auction Holdings Limited, facilitates the payments within 24 hours.
Malawi foreign exchange earnings from tobacco continue to tumble this season as it has only generated 66.9 Million USD an equivalent of about 67 Billi.
High tobacco rejection rate and low prices anger Minister Lowe nyasatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nyasatimes.com Daily Mail and Mail on Sunday newspapers.