Home Business Tobacco market closes in Malawi as firm busts contract leaf fraudsters

Tobacco market closes in Malawi as firm busts contract leaf fraudsters


TCC general manager Kaisi Msadala said Limbe Auction Floors will shut down next week to be followed by Lilongwe Auction Floors a week after and the Mzuzu Auction Floors.

“We are very satisfied in the manner the market has performed, there had been no interruptions which means the tobacco growers were satisfied with the prices,” he said.

However the season was over shadowed with reports that some employees of Alliance One were arrested for selling contract agreement certificates to people who were not on contract with the company.

Company managing director Hugh Saunders confirmed the arrest of the employees saying they were selling the certificates at K10,000 each.

“We were surprised that there were more tobacco volume than we expected but the advantage is that we have an electronic ticketing system so when the illegal tobacco came, the electronic ticketing system could not log in, it rejected it, “he said

He said the company had rejected 356 bales of tobacco so far, saying they might have been smuggled in from outside the country.

Saunders however assured those with valid permits of the contracts that their tobacco would be bought.

TCC general manager Msadala said this was a private issue between Alliance One and its employees but said as a tobacco regulatory body it would ensure that all those with valid tobacco contracts with the company have their tobacco bought.

Previous articleNew tobacco buyer excites TCC
Next articleWomen farmers join agricultural value chains


Please enter your comment!
Please enter your name here

two × two =