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· Business (Tobacco)
non-USA, by Country
· Mozambique
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Jump to full article: All-Africa.com, 2006-05-08
Author: Agencia de Informacao de Mocambique (Maputo)
Intro: Mozambican President Armando Guebuza on Sunday inaugurated the country's first tobacco processing plant, in the western city of Tete.
Before this factory was built, Mozambican producers had to take their tobacco over the border into Zimbabwe or Malawi for processing.
The factory is owned by Mozambique Leaf Tobacco (MLT), a subsidiary of the US-based Universal Leaf Africa Company, and represents an investment of 55 million US dollars.
The factory hopes to process and export 24,000 tonnes of tobacco this year, which should earn some 50 million dollars. The installed capacity is 50,000 tonnes of tobacco a year. The factory currently employs 1,600 workers, some on a permanent basis and some seasonal. . . .
Peasant producers in Chifunde are not happy, and on Thursday they told Guebuza that unless relations with MLT improve, they will stop growing tobacco.
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