Malawi Tobacco Earnings Decline 57% Since Start of Season, Guardian Says

Source from:  Bloomberg 08/25/2011

Malawi's tobacco earnings declined 57 percent from the start of the selling season to Aug. 22 compared with a year earlier, the Guardian reported, citing Tobacco Control Commission chief executive officer, Bruce Munthali. The southern African nation has earned $151.4 million from 130 million kilograms (286 million pounds) of tobacco sold, the Blantyre-based newspaper cited Munthali as saying. This compared with $352.9 million from 176.8 million kilograms for the same period in 2010, it said. The selling season started on March 14. Enditem