{{Malawi President Joyce Banda has faulted the World Health Organisation\u2019s (WHO) campaign to stop people from smoking cigarettes, saying it might hurt her country\u2019s foreign exchange earnings.}}<\/p>\n
However, she said despite the campaign threatening Malawi\u2019s economic growth, the country would continue to grow tobacco for trade.
\nMs Banda was speaking on Monday when she opened this year\u2019s Malawi Tobacco Market in Lilongwe.<\/p>\n
She said tobacco was crucial to the country\u2019s survival and implementation of Malawi\u2019s Economic Recovery Plan.<\/p>\n
\u201cThis year\u2019s production has doubled last year\u2019s. We are expecting to produce about 156 million kilogrammes of tobacco. Last year we only managed to produce 80 million kilogrammes. Malawi is expected to realise $300 million when the market is complete,\u201d she said.<\/p>\n
Ms Banda pegged her figures on stable prices, which stand at the $2 rate, the highest that buyers offered on the opening day.<\/p>\n
Malawi is a leading producer of burly tobacco, which, the President said was in high demand.<\/p>\n
\u201cMy government is consulting with manufacturing companies, among others BAT and other local companies, so that tobacco should be processed into cigarettes locally,\u201d she said.<\/p>\n
The WHO\u2019s Framework Convention on Tobacco Control of 2003 targets tighter control of advertising, packaging and reducing exposure to tobacco smoke.<\/p>\n
NMG<\/p>\n","protected":false},"excerpt":{"rendered":"
{{Malawi President Joyce Banda has faulted the World Health Organisation\u2019s (WHO) campaign to stop people from smoking cigarettes, saying it might hurt her country\u2019s foreign exchange earnings.}} However, she said despite the campaign threatening Malawi\u2019s economic growth, the country would continue to grow tobacco for trade. Ms Banda was speaking on Monday when she opened […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[100],"byline":[170],"hashtag":[],"class_list":["post-6523","post","type-post","status-publish","format-standard","hentry","category-business","tag-africa","byline-igihe"],"bylines":[{"id":170,"name":"IGIHE","slug":"igihe","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":8}],"contributors":[{"id":170,"name":"IGIHE","slug":"igihe","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":8}],"featured_image":null,"_links":{"self":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/6523","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/comments?post=6523"}],"version-history":[{"count":0,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/6523\/revisions"}],"wp:attachment":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media?parent=6523"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/categories?post=6523"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/tags?post=6523"},{"taxonomy":"byline","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/byline?post=6523"},{"taxonomy":"hashtag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/hashtag?post=6523"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}