By Malawi Exclusive – Business Editor
Ministry of Agriculture and Irrigation has unveiled a new Tobacco Buyer Protrade Group Limited at a colourful function which took place at Ministry Headquarters in Lilongwe.
Speaking during the function, Ministet of Agriculture Lobin Lowe the company will create competition hence increasing demand and price.
Lowe said Malawi neqqqeds more Tobacco buyers. Speaking when opening Tobacco marketing season, Malawi President Dr Lazarus Chakwera directed the Tobacco Commission and the Ministry of Agriculture to hunt for additional markets for the leaf to create demand.
Lowe was quick to urge Tobacco buyers to offer farmers good prices for this year’s tobacco considering that farmers have been mistreated when it comes Tobacco prices for a long time.
Lowe said the coming in of buyers simply means that there will be a competition on the market which will enable farmers to sell their crop in larger quantity and at a good price .
He added that the unveiling of indigenous companies is also very encouraging because the buyers will be able to know Malawian farmers which clearly shows that 2023 will going to bring more buyers .
“Tobacco Commission has done a good job by making sure that they qualify for the licence .The issue of market is about the leaf .They should be mindful of the quality because sometimes farmers mixed grades of tobacco. My message to the farmer is that they should make sure that they have graded their tobacco so that they can sell it at a good price”, He explained
On his part , Chief Executive Officer for Tobacco Commission Dr Chidanti Malunga said the commission want to see the company grow to set an example for the coming generation and asked farmers to be prepared for the market.
On his part , Protrade Group Limited Managing Director Lodzani Fatchi said that they are more than ready to buy Tobacco this year and they believe that they are going to add Value to the Tobacco industry.
Fatchi added that looking at the estimate and number of buyers they are expecting to buy not less 10 Million Kilograms.
“We have everything in place and we are ready to go to the market we have buyers all over the country so we think what we have got we will be able to participate and succeed.” He explained.