Tobacco sales rake in US$25m in first week

The country’s tobacco sector has hit a historic peak, producing a record 354,9 million kilogrammes this year, earning growers more than US$1 billion.

THE tobacco sales marketing season, which began on March 5, has generated over US$25,3 million in the first week of auction sales. However, this figure represents a 34,41 percent drop compared to last year, when US$38,4 million was generated in the first week. According to figures released by the Tobacco Industry Marketing Board (TIMB) yesterday,…

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