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Growers’ earnings down by 24 percent in Zimbabwe

Growers’ earnings down by 24 percent in Zimbabwe

| April 27, 2015

By day 33 of Zimbabwe’s flue-cured sales, volume sales were down by seven percent from those of the same period of the 2014 season and earnings from those sales were down by 24 percent, according to a story in The Herald. This season, tobacco growers earned US$129 million after selling 50 million kg of flue-cured, […]

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Illegal trade agreement has no liability release clause

Illegal trade agreement has no liability release clause

| April 27, 2015

The European Commission has said that the 2010 anti-fraud co-operation agreement between British American Tobacco, EU member states and the Commission does not include a clause releasing the company from ‘any civil claims arising out of past conduct relating to illicit trade’. The Commission was replying to a question by Bart Staes, a Belgian politician […]

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Jakarta’s tobacco smoking ban largely ignored

Jakarta’s tobacco smoking ban largely ignored

| April 27, 2015

Although it has been in place for a decade, a bylaw banning tobacco smoking in public places in Jakarta, Indonesia, is not enforced effectively and so is ignored by many smokers, according to a story in The Jakarta Post. This is despite the fact that those found to have violated the bylaw are liable to […]

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JT to launch two additional richer-flavor products

JT to launch two additional richer-flavor products

| April 27, 2015

Japan Tobacco Inc is due to launch in June two additions to its Mevius Mode series of products that are said to deliver a richer flavor through the inclusion of a ‘lavish blend’. Like other Mode products, the soon-to-be-launched Mevius Mode 6 100s and Mevius Mode 3 100s will incorporate JT’s LSS (less smoke smell) […]

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Swedish Match announces dividend

Swedish Match announces dividend

| April 27, 2015

Swedish Match’s Annual General Meeting has resolved, in accordance with a proposal by the board of directors, to pay a dividend of SEK7.50 per share. The dividend is payable on April 30 to shareholders of note on April 27.

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Price hikes result in KT&G profit surge

Price hikes result in KT&G profit surge

| April 24, 2015

KT&G’s first-quarter operating profits and revenue have increased significantly compared to the same period last year, due to price hikes and improvements in its affiliates’ performances, according to a story in the Korea JoongAng Daily. South Korea’s No. 1 cigarette and ginseng company’s operating profit increased by nearly 65 percent year-on-year to krw428.5 billion ($395 […]

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