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Thursday, May 24, 2018

Tobacco earnings hit $79 million | The Times Group

Tobacco earnings hit $79 million | The Times Group: "Tobacco earnings hit $79 million
Posted By: Chimwemwe Mangazion: May 22, 2018In: BusinessNo Comments
The country’s green gold, tobacco, has earned $78.9 million, since the tobacco marketing season opened six weeks ago.

According to AHL Group statistics, the country has sold 49,739,858 kilogrammes (kg) of tobacco, at an average price of $1.59 per kg.

Commenting on the sales, AHL Group Corporate Affairs Manager, Mark Ndipita, said even though some of the tobacco is being rejected, the levels are not alarming.

He said the rejection rate is recorded at 23 percent."



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