February 13, 2025 09:46
Cashew Board of Tanzania
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CASHEW FARMERS TO BE PAID SEVEN DAYS AFTER THE AUCTION

The director General of Tanzania Cashew Board Mr. Francis Alfred has given clarification on the payment of cashew farmers in Tanzania to this season of 2024/2025.

Mr. Alfred has said that cashew buyers will pay to the major cooperatives within 5 days after the auction is held and the major associations are required to complete the payment to the farmers within 48 hours which is equal to 2 days so that the farmers get their sales money, so the farmer will get its payment 7 days after the auction is held.

The first cashew auction in the country for the 2024-2025 season is expected to be held on October 11, 2024 starting with the TANECU Central Cooperative Association.

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