Tanzania: Warehouse receipt system efficient, says govt

WAREHOUSE receipt system has proved to be the best practice that besides assuring farmers with market, also presents them with good prices. That was said on Wenesday in Parliament by the Agriculture Deputy Minister, Hussein Bashe adding that last year, cocoa farmers through the warehouse receipt system managed to sell at 5,011 per kilogramme in comparison to 3,000/- they were earning in 2015/16 season. He gave the assurance while answering Kyela Member of Parliament -Ally Mlaghila (CCM) who wanted to know when the warehouse receipts system will change to benefit farmers and cooperatives against allegations that it was not meeting its target. The Deputy minister said the warehouse receipt system has increased transparency and price, hence presenting farmers with best market prices. Elaborating, he noted the system has supported the government to collect revenue and get correct data of production from cocoa farmers. Mr Bashe cited 2018/19 case study when more than 7,532.13 tonnes of ...