Cashew nut traders stare at huge losses as Tanzanian govt seizes produce

Tanzania's cashew nut traders are staring at huge losses following the government's move to confiscate the produce of those who fail to show proof that they are farmers. PHOTO | FILE

Tanzania's cashew nut traders are staring at huge losses following the government's move to confiscate the produce of those who fail to show proof that they are farmers.

The government has launched the verification exercise to rid the sector of middlemen who have dominated the cashew nut trade for years.