Dodoma — The growing importance of cashew nuts in Tanzania's economy became evident in Parliament yesterday when legislators dropped all the other issues that were highlighted in the government's Sh32.5 trillion budget proposal for the financial year 2018/19 and shifted all their energies to the crop.
The 'battle' to protect the interests of cashew nut farmers - fronted by MPs from regions that grow the delicately flavoured snacks - was in response to the government's proposal to change the Cashewnut Industry Act (Cap,203) - through the Finance Bill 2018 - with a view to ensuring that export levies are collected in the consolidated fund. This is a shift from the current situation whereby 65 per cent of the crop export levy is remitted to farmers through the Cashew nut Board of Tanzania (CBT) and the government remains with 35 per cent of it.
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