Depending on the season and on who you ask, tobacco accounts for between 40 and 70 percent of Malawi’s export earnings.
In a good season, the golden leaf generates a relative level of wealth in the countryside and earns the nation much-needed foreign currency to import the products and services it cannot produce at home.
In a bad season, there will be poverty in the villages.
Read our special report to learn how Malawi is diversifying to make its economy more resilient and prepare for a future with less tobacco.
PMI Reports Higher Third-Quarter Revenue
Reuters reported that the company faces rising cost pressures from the war in the Middle East, including energy-related inflation expected to worsen in the fourth quarter.
IGEN, Vertex Expand Excise Tax Compliance Integration
The solution is designed for companies in highly regulated industries, including tobacco and oil and gas, and supports enterprises transitioning.
Armenia Seizes Nearly 38,000 Packs of U.S.-Bound Cigarettes
Customs officers inspected the doors at a cargo terminal after receiving intelligence that an Armenian-registered company planned to export tobacco products.
Vietnam Proposes Online Tobacco Sales Ban, Larger Pack Warnings
The proposal would also cover e-cigarette components and liquids, nicotine pouches, shisha, and certain tobacco raw materials.
Haypp to End Snusnetto Sales After Age-Verification Ruling
The decision follows a ruling that geo-located BankID verification at parcel lockers does not meet legal requirements for secure age verification.
Zimbabwe Tobacco Exports Surpass $1 Billion
Zimbabwe exported 190 million kg of tobacco worth $1 billion so far this year, up from 154 million kilograms valued at $844 million during the same period last year,
ASH Report Challenges UK’s Illicit Tobacco Market Numbers
ASH said illicit cigarettes accounted for 12% of U.K. cigarette consumption in 2024-25, while a KPMG report said it was closer to 45%.
Armenia Tobacco Firm Exampted from Duties
DrimCompany has pledged to invest nearly $25 million and create 100 jobs.
