DAR ES SALAAM, Sept. 20 (Xinhua) -- A Tanzanian government senior official on Friday launched the 2019/2020 cashew nuts trading season, saying the country is projected to harvest some 300,000 tonnes.
Japhet Hasunga, the east African nation's Minister for Agriculture, said the projected harvests of the cash crop was 76,000 tonnes more than that harvested in the 2018/2019 season.
He said the trading season will start on Sept. 30, and he hastened to highlight challenges and achievements recorded in the 2018/2019 season and strategies set for the 2019/2020 season.
Hasunga advised citizens and foreign players who wanted to take part in the cashew nuts trading business to undergo official registration.
The official said, "They should register in the ministry's system, providing basic information including the amount of cashew nuts they expected to buy and how they intended to make the payments."
Hasunga said buyers should deposit significant amounts of funds as a guarantee of payment whenever they emerged winners during auctions.
He added that the buyers were also required to prepare logistics for immediate transportation of purchased cashew nuts from warehouses in order to leave room to incoming produce.
Hasunga said unregistered cashew nuts dealers were strictly prohibited, warning that those who will be caught participating in buying the crop without registration will be prosecuted in accordance with the law. Enditem
