Breaking News:

Big Issue Slide, Big Issues

MALAWI GOVT bemoans High Taxes in Tobacco Industry

0

Government has said time has come for taxes especially those that are being borne by farmers within the tobacco industry to be reveiwed for the benefit of smallholder farmers.

The Deputy Minister of Agriculture and Food security, Hon. Agness Nkusa Nkhoma, M.P, said this when she visited Lilongwe Auction floors on Thursday, 30th July 2020 to check on the progress of the Tobacco marketing season.

“Despite the good prices that the tobacco is being sold at the market, farmers are being taxed too much. This is a policy that government needs to review so that farmers should benefit more,” said Nkusa Nkhoma.

The Minister said that she was impressed with the progress the Tobacco market is making and the prices at which the tobacco is being sold in the wake of the Covid-19 pandemic.

Tobacco Commission Chief Executive Officer, Kayisi Sadala said that as a commission the market seems to be proceeding smoothly despite the low volume of the projected tobacco, which has been caused by the change in weather patterns and it has not only affected Malawi but other neighbouring countries as well.

“Due to the low volume of tobacco, the rejected rates on the auction floors is lower because there’s high competition amongst the buyers. The tobacco market season is about to end and most buyers want to make up for the stocks they haven’t acquired from their contract tobacco,” explained Sadala.

Sadala agreed with Nkusa Nkhoma on the high taxation that is being experienced by the growers. He said high charges are being imposed on the growers as they are forced to acquire their inputs from their contractors at a higher price than the standard market prices for farm inputs.

Overall, 92 million kilograms of tobacco has been sold and 140 million dollars has been made thus far, which is lower than what was made last year. However, this year’s prices are much better as compared to last years.

Related Posts

Leave a reply

Your email address will not be published.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

  • JB attends BT synod centenary… calls for unity and hard work – honours late Matenje

    By Arnold Mnelemba Former President Dr. Joyce Banda on Sunday, November 8 attended celebrations marking 110 years of service for late Harry Kambwiri Matecheta, the first Malawian Church Minister of Blantyre Synod in the Church of Central African Presbyterian. The celebrations were held at Bemvu Congregation of Ntcheu Presbytery of Blantyre Synod. Before the ceremony,…

  • Minister urges MPs to lead in National Forestry Season

    By Faith Mwafulirwa The Minister of Forestry and Natural Resources Nancy Tembo on Thursday presented in the National Assembly a ministerial statement on the National Forestry Season and Launch of National Clean-Up Day scheduled next Month. In her presentation in Parliament, Tembo reminded all Malawians that every Malawian is charged with the responsibility of protecting…

  • WE NEED HEALTHY CHAM – Health minister orders CHAM Officials

    As the country’s public health continues undergoing serious renovation in the way it has had been operating, healthily looking Minister of Health Khumbize Kandodo Chiponda on Wednesday ordered Christian Health Association of Malawi (CHAM) to strive in giving the public the desired healthy health services. Chiponda made the remarks during the interface she had with…

  • K79 MILLION BRIDGE HANDED OVER TO VILLAGERS IN TA KALUMBA & CHADZA -Community hails Chakwera govt for the initiative.

    By Daniel Namwini – MANA Members of parliament for Lilongwe central constituency Hon. Lobin Lowe and Msozi North constituency Hon. Sosten Gwengwe who are also Ministers of Agriculture and Trade respectively on Friday handed over the newly constructed concrete bridge worth K79.8 million from Roads Authority. The Community members from Traditional Authority (TA) Kalumba and…

  • HRDC APPLAUDS AGRICULTURE MINISTRY-Says AIP has registered success despite challenges

    The Human Rights Defenders Coalition (HRDC) has applauded Ministry of Agriculture for a good progress the Ministry has registered in the implementation of this year’s farm inputs subsidy called Affordable Inputs Program (AIP). The coalition has made the remarks this morning at their press briefing in Lilongwe saying despite many challenges the Ministry encountered during…

  • GO TO THE FIELD AS FARMER TUTORS – Nkusa orders Mwimba graduands.

    The Deputy Minister of Agriculture Agnes Nkusankhoma, MP, has challenged the graduating students from Mwimba college of Agriculture to go in the field to serve the farmers and not to boost out to them. Nkusa made the remarks Friday morning at Golden Peacock Hotel when she presided over 18th graduation ceremony for the students who…

css.php