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Sunday, August 12, 2018

Malawi tobacco revenue rises 35 percent | Reuters

Malawi tobacco revenue rises 35 percent | Reuters: LILONGWE, Aug 10 (Reuters) - Revenue from Malawi’s major export crop tobacco has risen 35 percent compared to last year and could exceed $300 million by the end of the season later this month, industry data showed on Friday. The industry regulator Tobacco Control Commission (TCC) said the increase stemmed in part from an influx of leaf imports from neighbouring Zambia and Mozambique, which Malawi sold on.

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