The Kenyan company was among nine private buyers that bid to buy the crop from farmers last year. PROCESSINGIndo Power is not known to trade in or process cashew nuts. Mr Kakunda said there was another 113,000 tonnes of cashew nuts in warehouses and the government was negotiating with 18 potential buyers. He was responding to a question by Mtwara Urban MP Maftaha Nachuma (opposition CUF) who sought to know why the government’s pace of buying cashew nuts from farmers had slackened. The bulk of the raw cashew nuts, which are yet to be shelled, are shipped from Tanzania and other African countries to be processed, mainly in Vietnam and India.

Source: Daily Nation February 03, 2019 11:15 UTC