Category: Financial

Call to end contract farming

Call to end contract farming

| September 7, 2017

Despite the benefits that tobacco growing produces for Zimbabwe – and for tobacco dealers and manufacturers, and governments in other countries – most growers remain poor.

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Growers told to up quality

Growers told to up quality

| September 7, 2017

One of two stories published in the Philippines yesterday suggests that growers can earn more by improving leaf quality, while the second suggests that graders might downgrade their leaf.

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Smoking costs unaffordable

Smoking costs unaffordable

| August 31, 2017

With a 20 percent adult tobacco-smoking rate only a 2030 aspiration, China will struggle to bear the economic and social cost of the habit, some observers believe.

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Tax hikes recommended

Tax hikes recommended

| August 29, 2017

It must be comforting for the financially-poor of Indonesia to know that academics are recommending that they be further pauperized in order to cure their poverty, long term.

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Tobacco takes toll in Kenya

Tobacco takes toll in Kenya

| August 18, 2017

The negative health consequences of tobacco use are said to be putting a strain on Kenya’s efforts to achieve its development goals.

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Mini-tender targets BAT

Mini-tender targets BAT

| August 18, 2017

A mini-tender launched on August 12 by TRC Capital Corporation aims to buy up to 2,000,000 British American Tobacco American Depositary Shares.

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Warning on Thailand

Warning on Thailand

| August 17, 2017

If you’re thinking of holidaying in Thailand, remember to leave your vaping devices at home; otherwise, you could find that your ‘holiday’ is extended.

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Play it again, Sam

Play it again, Sam

| August 15, 2017

Malawi’s growers are being told once again that quality is the key to ‘significant earnings’. This is true, but who is it that is pocketing these significant earnings’?

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Sale confirmed

Sale confirmed

| August 9, 2017

The sale to Japan Tobacco Inc. of Gudang Garam’s subsidiary Karyadibya Mahardika and its distributor Surya Mustika Nusantara has been confirmed in a regulatory filing.

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Insurance “rip-off”

Insurance “rip-off”

| August 8, 2017

The low risk profile associated with the use of electronic cigarettes is not reflected in the life insurance premiums charged to people who use these devices.

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Burley in short supply

Burley in short supply

| August 4, 2017

Overall, tobacco crop qualities are good and Burley looks like being in short supply.

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AOI volume stable

AOI volume stable

| August 4, 2017

Alliance One International says that it is well positioned to supply tobacco both for traditional-tobacco products and for new-generation products being developed.

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JT’s volume plummets

JT’s volume plummets

| August 2, 2017

The Japanese market for traditional cigarettes dropped like a stone during the first half of this year, partly in line with long-term trends but also because of the switch by smokers to heated-tobacco products.

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Earnings hit in Indonesia

Earnings hit in Indonesia

| August 2, 2017

A perfect storm of tax increases, anti-tobacco regulations and fierce competition have taken their toll on the earnings of Indonesia’s big cigarette manufacturers.

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PM USA’s volume down

PM USA’s volume down

| July 28, 2017

While Altria reported cigarettes sales down in the three months to the end of June, its sales of cigars and smokeless tobacco products were up.

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Prices linked to poverty

Prices linked to poverty

| July 28, 2017

A study has found that, in brief, increases in cigarette prices can make the financially less-well-off even poorer.

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BAT’s volume down

BAT’s volume down

| July 27, 2017

British American Tobacco’s cigarette volume was down sharply in the first six months of this year, but it says it has made good progress with its next-generation-product business.

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Few state quit-aids

Few state quit-aids

| July 27, 2017

Despite the revenue provided by tobacco taxes and other imposts, the state of West Virginia is providing no funds for the West Virginia Division of Tobacco Prevention.

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Focus on the source

Focus on the source

| July 26, 2017

A professor of public health in the US has called for the focus of tobacco control to be shifted from smokers to cigarette manufacturers.

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Profit up at Swedish Match

Profit up at Swedish Match

| July 24, 2017

Swedish Match’s operating profit during the second quarter to the end of June was up by eight percent on its profit for the second quarter of last year.

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