Tanzania president orders army to buy nuts | Inquirer News

Tanzania president orders army to buy nuts

/ 07:18 PM November 13, 2018

Nairobi, Kenya – Tanzanian President John Magufuli has ordered the army to buy up the entire country’s crop of cashew nuts after private companies refused to pay the price fixed by his government.

The move comes just days after Magufuli fired Agriculture Minister Charles Tizeba and Trade Minister Charles Mwijage for “failing in their obligations” to the cashew industry.

Magufuli ordered soldiers to buy up the nuts at $1.44 (1.28 euros) per kilogram, higher than the price companies were willing to pay, according to a government statement issued Monday.

Article continues after this advertisement

Magufuli ordered in October that the price of cashews be almost doubled from $0.65 per kilogram – a price farmers said barely covered their production costs.

FEATURED STORIES

The president blamed “the procrastination of private operators, who were offering very low prices” for cashews – among the country’s biggest cash crops – for the decision to send in the army.

The state-owned Tanzania Agricultural Development Bank was ordered “to release the necessary funds for the purchase of these cashews and the army is to deploy to buy the entire production,” the statement said.

Article continues after this advertisement

Since his election three years ago Magufuli has picked numerous fights with private businesses that he accuses of giving Tanzanians a raw deal.

Article continues after this advertisement

The state-owned cashew processing plant – where raw nuts are shelled – is also to be taken over by the army.

Article continues after this advertisement

Magufuli’s government is hoping for a crop of 220,000 tons this year.

“We will buy the entire crop, then we will look for buyers and we will eat anything that is not sold,” Magufuli said, according to the statement.  /kga

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

TAGS: Agriculture, Army, News, Politics, Tanzania, world, world news

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our newsletter!

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

This is an information message

We use cookies to enhance your experience. By continuing, you agree to our use of cookies. Learn more here.