Concerned tobacco farmers’ pens Government on tobacco prices - Malawi Freedom Network

£10,000 invested in FTSE heavyweight British American Tobacco a year ago is now worth…

£10,000 invested in the FTSE 100’s British American Tobacco (LSE: BATS) a year ago would be worth much more today. That amount would have bought an investor 423 shares in the firm at the 23 April 2024 opening price of £23.60. At today’s opening price of £31.99, these are valued at £13,531 – a profit of £3,531 on the share price alone. However, the stock has also been one of the most reliable dividend payers in the top-tier index for several year…

Concerned tobacco farmers’ pens Government on tobacco prices - Malawi Freedom Network

By Vincent Gunde Concerned tobacco farmers from Bolero in Rumphi district, have written a letter to Malawi Government for a round-table discussion on the upward adjustment of the 2024-2025 tobacco selling prices which have become a serious concern to all. The farmers have argued that buying tobacco at a price less than 2.00 Dollar as compared to the high cost of production, farmers will not manage to realize any profit proposing the lowest grade…