Cashew Kernel Price Today

Cashew Kernel Price Today, September 09, 2017

W240: 5.20-5.25; W320: 5.05-5.15;

W450/ SW320/ LBW: 4.9-4.95;

DW: 4.5-4.6; WS/WB: 4.35-4.6;

LP: 3.75-3.85 (SP: Limited)

(Unit: USD/ Lb FOB HCMC/ Flexi packs)

Note: The above selling prices for non-Chinese markets/ Prompt shipment.

Thứ Bảy, 9 tháng 9, 2017

Ghana targets 200,000 tonnes cashew exports

07 Sept. 2017

Ghana is targeting to export 200,000 tonnes of cashew, by 2027, Mr Eric Amoako Twum, the Deputy Chief Executive Officer of the Ghana Export Promotion Authority (GEPA), said on Wednesday.
He was speaking to Ghana News Agency (GNA) in an interview on the sidelines of a meeting on the implementation of the National Export Strategy, vis-à-vis the One - District-One-Exportable-Product, in Sunyani.
The National Export Strategy was launched in 2013 for implementation after extensive consultation.Its key tenets advocate the identification, development, and promotion of at least one exportable product per district.Mr Twum explained that the Authority was pursuing a-10-year Cashew Development Plan to achieve the target.
Currently, the country is exporting approximately 70,000 tonnes of cashew, he explained.
The meeting was organised by the GEPA and attended by District Chief Executives, Coordinating Directors and other stakeholders in the export sector.  Mr Twum said the Authority was depending on the Brong-Ahafo Region for the chunk of the economic crop for export and emphasised the readiness of his outfit to support farmers for increased productivity.
He said the economic crop had a huge potential to increase the country's forex earnings.
Beside cashew, Mr Twum said yam farmers would also be supported, as the Authority worked out modalities to export the crop to Nigeria. He explained that his outfit was also working seriously to ensure the lifting of the ban on the export of vegetables to the European market.
To this end, Mr Twum said very soon the European Union would undertake a critical assessment of the situation in connection with the ban. The assessment, he added, would be based on packaging, quality of vegetables, information, standards and other key important areas.

Earlier, Mrs Gifty Klenam, the Chief Executive Officer of the GEPA, said the discovery of oil in commercial quantities had given the country the massive impetus and financial muscles to undertake certain projects that were germane to the economy.

NEPC: Growing the non-oil sector to boost forex

03 Sep. 2017

By Sola Oluwole Ibiyinka Efforts to diversily Nigeria’s economy from oil is currently receiving remarkable attention from the Nigeria Export Promotion Council, NEPC.

It is reflective of what the  agencies of government are doing to complement the Federal Government’s plans for a robust economy. While the poor state of the economy ensured that other agencies keyed into the efforts at reviving the economy, it is a first-line charge for NEPC. 

Upon being established 41 years ago, the Council was charged with the responsibility of stimulating, developing and promoting non-oil activities that would increase Nigeria’s  visibility in the world market. 

Accordingly, the pursuant of this mandate, and other goals inherent in it, has seen NEPC embarking on so many projects since the inception of this administration. The programmes were in addition to those  it had  embarked upon under the leadership of its Executive Director, Mr. Según Awolowo. 

The programmes embarked upon by the Council include Zero Oil Plan Initiative, ZOPI, Women in Export Development, Capacity Building for Exports, Cashew Processing for Export, Strategic Partnership with Los Angeles University and CBI Technical Support for Promotion of Nigeria’s Exports. 

NEPC  is working towards boosting the supply of foreign exchange from  the non-oil sector  by driving growth in five key areas namely: Concentration on generating US$30billion from 11 selected strategic export products, exploring the competencies, comparative and competitive advantages of States and Zones through the One State One Product programme, domestic sourcing of products through the launch of first National Export Aggregator and Strengthening of Export Development Fund ,EDF, scheme, and prioritization of Nigerian exports to 22 newly targeted Export destinations. Según Awolowo, NEPC (ED) The aims of the programmes include growing of non-oil foreign exchange from $2.7 billion today to $30 billion, diversification of export base from raw materials to   realization of   $706 million non-oil export to West Africa Sub-region by 2017, increasing non-oil export as a percentage of total export from 5 percent to 20 percent by 2018, increasing participation of SMEs in export trade by 50 percent and creation of 1.5 million new jobs in the SME sector by 2020. 

Also, NEPC and the Centre for Promotion of Imports from Developing Countries (CBI) Netherlands are administering a capacity building programme for the promotion of non-oil exports and improved access to European Union markets. 

This initiative, it was gathered,   is part of an effort to bring about economic empowerment of Nigerians with the aim of enabling Small and Medium Enterprises’ (SME) export to the EU market. Indeed, industry analysts found this function to be in line with the present government’s policy on poverty reduction and job creation, especially in the area of  inclusive growth for women. Pilot products NEPC’s collaboration with CBI is to enhance knowledge and implement capacity building as an outcome of needs analysis that will focus on three sectors which are Sesame Seed, Cocoa and Cashew nut as pilot products. 

The  strategy would also be applied in developing other products. The programme is already training NEPC Coaches and a group of objectively selected companies drawn from the Sesame Seed, Cocoa and Cashew sub-sectors who are focused on improving  the contribution of the non-oil export sector to Nigeria’s  economy. However, the emphasis is on training farmers, processors and exporters as a whole in the entire products value-chain with a view to improving productivity, including establishing a sustainable local processing capacity, for the purposes of exports. On the boosting of  cashew production for export, it was learnt that  NEPC  facilitated a credit facility for Foodpro, an Ilorin based cashew manufacturing company, to procure cutting-edge equipment and machines for cashew processing.

 The aim is to make the product competitive in the international market. NEPC had, in 2016, spearheaded the participation of Nigerian cashew processors to the World Cashew Convention in Singapore to expose stakeholders to new technologies which would result in  value addition, inclusive growth and job creation. Interestingly, it was learnt that plans have been concluded for Innoson Motors Limited to export 400 vehicles to Mali following the company’s readiness to sign  a  Memorandum of Understanding with Taxi Plus and VIP, two major transport companies based in Mali, for use in the expansion of transport business in that country. This, seen as a key achievement, is part of the outcome of the “Made-in-Nigeria ProductsExhibition” held in Bamako. 

The Exhibition was facilitated by NEPC in collaboration with Ginco Group, a Nigerian firm based in Mali, to showcase Nigeria’s exportable products. With the support of the Federal Ministry of Industry, Trade and Investment, NEPC and ITC launched the ‘SheTrades’ initiative during  the Women in Export Stakeholders Forum and Exhibition in Abuja on July 13, 2016. 

The programme seeks to connect one million women entrepreneurs globally by 2020. It is believed that through the forum, Nigerian women will be established as part of the ongoing efforts to empower women to drive trade-led development. Additional checks showed that within the period under review, the Council signed a Memorandum of Understanding ,MoU, with the Applied Management Research Team 10 (AMR T10) of the University of California, Los Angeles (UCLA) to conduct a study on how to increase exports from Nigeria  to the United States.


Ivory Coast / producers Ouangolodougou trained in the culture of cashew nuts


Ouangolodougou 07 seven (AIP) -The cashew producers Ouangolodougou Department (North, Tchologo region) were trained in better production of cashew Wednesday as part of the fourth edition of the initiative competitive African cashew (COMCASHEW). The work of discussions focused on the creation, maintenance of cashew plot and also on the evils that could gnaw cashew preventing a good production.The training was well received by beneficiaries who consider it "appropriate" because it will help them meet their financial independence. It was, according to the head of the delegation, Yéo René, giving these producers' technical ...

Read more:

The Council of Cotton and Cashew form 300 farmers on sustainable management of pests and diseases in Odienne, Korhogo and Boundiali

05 September 2017

of the
© Other press by Dr 
Des cashew farmers trained on diseases and pests of orchards 
Korhogo, 30 August 2017. Just over 100 cashew farmers from the town of Korhogo have been trained to recognize and effectively treat diseases of orchards and insect pests.

Training and Awareness 300 cashew producers took place from August 27 to September 3, 2017 in Odienne regions, Boundiali and Korhogo. She held both indoors as well as on the ground in orchards to enable learners to better master the management of pests and diseases.

The Ivory Coast has become since the 2015 campaign, the largest producer and exporter of raw cashew nuts with a production of 702,510 tons. To maintain this rank, the Council's General Directorate of Cotton and Cashew proceeded to fund several research projects on the cashew tree in Ivory Coast including the development of the health card and health monitoring system conducted by the University Laboratory of physiology Félix Houphouët Boigny, the University Jean Lorougnon Guede Daloa (UJLOG) the INPHB and CNRA. The health map of cashew and developed is available on the website.

She helped identify five (5) major diseases (anthracnose, dieback, mildew, gumming, and bacterial blight) and four (4) major insects (Analeptes trifaciata, Apate terebrans, Helopeltis anacardii and Mecocorynus sp) on the cashew tree in Ivory Coast. This study revealed that the cashew orchard, as every culture has some failure in its epidemiological surveillance system. Indeed, recent surveys in orchards including those of the northern regions have shown that over 40% of the orchards are attacked. In order to strengthen the capacity of producers on the recognition and methods of struggle against these pests, the Council of Cotton and Cashew decided to sensitize and train 300 farmers in the northern area (Odienne, Boundiali and Korhogo) in Ivory Coast. 

The training will effectively increase knowledge and promote the application of practices of sustainable and integrated management of pests and diseases of cashew. The training was conducted by trainers of the Council of Cotton and Cashew which M. TANO Kouame Jean-Jacques, Trainers ANADER and Université Jean Lorougnon G.dont Dr. Soro Sibirina. These series of trainings will continue in the agricultural council with the participation of technical partners including GIZ, ANADER and research institutions.


Chủ Nhật, 3 tháng 9, 2017

Kenya: Lift nine-year-old cashew export ban, say farmers

02 September 2017

Some of the cashew nut farmers when they met in Lamu on September 1. /CHETI PRAXIDES

Some of the cashew nut farmers when they met in Lamu on September 1. /CHETI PRAXIDES

Cashew nut farmers in Lamu county are appealing to the national government to lift a nine-year-old export ban, which they say has killed the trade.
The ban was introduced in 2009 by then Agriculture minister William Ruto.
It's sole aim was to solidifying local cashew nut markets and reviving local industries.
Cashewnut farmers, however, feel the ban is a raw deal and continue to question why it is still in place even after it had badly damaged the farming of the crop in the county.
The export ban forbids cashew nut farmers in Lamu from exporting and selling their crop to markets outside Kenya.
Speaking in Lamu town on Friday when they congregated to chart a way forward on the matter, the farmers from Mpeketoni, Witu and Faza said the ban had done the cashew nut industry more harm than good.
“The ban has caused us untold misery. The ban came at a time many of us had just harvested hugely and were making plans to send out our produce to outside markets like we usually did since it fetched us good profits. We have been stuck ever since,” farmer Majale Daeri from Faza said.
They want it lifted immediately to enable them try to revive again.


India: Cashew industry facingstiff challenge, says CM

02 September 2017

Distributes appointment orders to 5,000 cashew workers

Chief Minister Pinarayi Vijayan has said the cashew industry cannot be propped up and sustained for the sake of workers alone.
“A good market and good price for kernels produced by the industry here should also be ensured,” the Chief Minister said while addressing a gathering here on Saturday. He arrived here to inaugurate the distribution of appointment order to 5,000 cashew workers freshly appointed by the public sector Kerala State Cashew Development Corporation (KSCDC).
“The cashew industry here which enjoyed monopoly over kernel production in the past is now facing stiff competition in the domestic and international markets because some countries that had been engaged only in raw nut export to India in the past are now processing raw nuts and exporting kernels,” he said.
Mr. Vijayan said the required availability of raw cashew nuts was vital for the survival of the industry here. It is this aspect that prompted the government to promote cashew plantations in the State.
At present, the State annually produced only about 80,000 tonnes of raw nuts, whereas the requirement by cashew factories was more than six-lakh tonnes.
The State has plenty of geographically suitable terrain for cashew plantations and steps are being taken to tap such area. If the required raw nuts were available at fair price, it would bring much relief to the cashew industry, he said.
“The programme of the KSCDC to promote cashew plantations is a model scheme in this connection.” The government is complementing that programme through the Haritha Keralam Mission, Mr. Vijayan said.
“The State government is in no way averse to recognising that there has to be changes to the approach towards the cashew sector as per the needs of the times,” he said.
When it comes to cashew workers, the government did not distinguish between private sector and public sector. The interests of all workers had to be protected, he said.
The new phase of recruitments made by the KSCDC reflected the priority of the State government in this connection. Minister for Cashew Industry J. Mercykutty Amma presided over the function and KSCDC chairman S. Jayamohan welcomed the gathering.


India: Cashew corporation to recruit 5,000 workers

31 August 2017

3,000 of them will be women

Showing signs of steadily moving out of the red, the public sector Kerala State Cashew Development Corporation (KSCDC) is recruiting 5,000 cashew workers this year in phases in its 30 cashew factories. Of them, 3,000 will be women.
At a press conference here on Thursday, KSCDC Chairman S. Jayamohan said Chief Minister Pinarayi Vijayan would welcome 1,050 of the new recruits at a function at the Ayathil factory of the KSCDC on September 2.

Skilled workers

At the function the Chief Minister would distribute appointment orders. Mr. Jayamohan said the workers were recruited through a formal process. Most of them were skilled workers attached to private factories that had been closed.
He said a large portion of the new recruits would be allocated to the shelling part of cashew processing. Within a month 3,000 persons would be recruited and by the end of the year, the number would go up to 5,000.
At the inaugural function, the Chief Minister would join the Onam celebrations organised by the cashew workers. Prior to August 2016, the KSCDC factories had been lying closed for almost a year. But in the past one year the employees worked for 140 days.
Mr. Jayamohan said the cashew plantation programme initiated by the KSCDC was progressing well. Saplings had been planted on around 6,000 acres. The high-yielding saplings would start fruiting in the third year.

Native nuts

The aim of the plantation was to reduce the KSCDC’s dependence of imported raw nuts for processing. It is expected that within five years almost the entire raw material requirement of KSCDC would be met by native raw nuts.
He said raw nuts produced in the State were currently fetching ₹150 a kilogram and farmers were happy about it. Already the KSCDC was producing and marketing a number of value-added products. Soon KSCDC’s value added cashew apple products will also enter the markets.

India: Almond declines on subdued demand

New Delhi, Aug 31 

Almond prices fell by Rs 100 per 40 kg at the dry fruits market in the national capital today due to low demand from retailers and stockists amidst adequate stocks on increased supplies.

Almond (California) prices were trading down by Rs 100 to settle at Rs 18,600-18,800 per 40 kg and its kernel rates also eased by Rs 5 to finish at Rs 670-690 per kg, respectively.
Traders attributed the fall in almond prices to subdued demand from retailers and stockists amidst adequate stocks.

Following are today's quotations (per 40 kgs):

  • Almond (California) Rs 18,600-18,800, almond (gurbandi) Rs 12,000-12,200, almond (girdhi) Rs 5,100-5,200; abjosh afghani Rs 8,000-23,000, almond kernel (california) Rs 670-690 per kg, almond kernel (gurbandi) Rs 700-800 per kg, chilgoza (Roasted) (1 kg) Rs 2,300-2,500, 
  • cashew kernel 1 kg (no 180) Rs 1,075-1,085, cashew Kernel (no 210) Rs 955-985, cashew kernel (no 240) Rs 900-940, cashew kernel (no 320) Rs 835-850, cashew kernel broken 2 pieces Rs 670-770, cashew kernel broken 4 pieces Rs 650-765, cashew kernel broken 8 pieces Rs 550-670, 
  • copra (qtl) Rs 13,000-17,000, coconut powder (25 kgs) Rs 4,200 -4,700, dry dates-new red (qtl) Rs 2,800-8,500, fig Rs 19,000- 25,000, kishmish kandhari local Rs 10,000-15,000, kishmish kandhari special Rs 9,000-21,000, kishmish Indian yellow Rs 3,400-4,400, kishmish Indian green Rs 6,000-9,000, pistachio Irani Rs 1,100-1,200, pistachio hairati Rs 1,380-1,450, pistachio peshawari Rs 1,500-1,600, pistachio dodi (roasted) 700-800, walnut Rs 260-350 and walnut kernel (1 kg) Rs 800-1,200.


India: Rs 112 crore welfare pension announced

01 September 2017

THIRUVANANTHAPURAM: The government will give away Rs 112 crore as welfare pensions to as many as 1.2 lakh beneficiaries in 10 sectors during the Onam season, according to Labour Minister T P Ramakrishnan. Apart from this, another Rs 337 crore from the fund of welfare boards will also be distributed in five sectors.
An amount of Rs 58.28 crore has been set apart for the Income Support Scheme introduced for the traditional sector, he said. Ramakrishnan said an amount of Rs 2,000 each as ex-gratia will be given to the workers of the cashew factories, plantations and other industries that closed down. 7,558 workers in the PSU/private factories, 2,620 plantation workers and 39,329 cashew workers will get the benefit, he said.
Apart from this, the cashew workers will be given 10 kg of rice and the plantation workers will be provided with Onam kit worth Rs 500. He said Rs 5,000 each will be given to 299 workers at the defunct Alappuzha port on the occasion of Onam.    The minister said a decision has been taken to  give Rs 1,000 each to the employees of the Employment Guarantee Scheme who have completed 100 man days.

Nigeria needs more agric reforms, say stakeholders

02 September 2017

Nigeria needs more reforms to boost agricultural productivity and competitiveness of the economy, the Acting Executive Director, Agricultural and Rural Management Training Institute (ARMTI), Dr. Olufemi Oladunmi has said.
While he acknowledged the government’s success in pursuing macroeconomic and structural reforms, Oladunmi said more attention was needed to improve the attractiveness of the agriculture sector through domestic investment.
In an interview with The Nation, Oladunmi said growth driven by agriculture could be effective at reducing poverty, calling an enabling environment to drive greater investments from the private sector.
Oladunmi urgedthe government to reform the land use act to attract the kind of direct investment it needs to build and  expand food production and infrastructure.
He said: “The Land Use Act should be reviewed to give unhindered access to land by the small holder farmers,especially the women farmers.”
On funding he added: “We have to carry out microcredit reform from the perspective of the microfinance banks and institutions.The small holder farmers should be able to access funds at single digit interest rate when the need arises.”
Also, National Cashew Association of Nigeria (NCAN) National Publicity Secretary, Anga Sotonye, said the nation’s agricultural growth could be raised further, if the government   implemented necessary reforms, including unifying the tax regime, as well as opening the economy further to investment and trade.
According to him, inclusive agricultural policies could have a remarkable impact on sustainable production and food security, adding that   the time had come for finance and investment firms to consider investing in the sector, especially in the production of cashew.

India: CM intervenes; Revathi gets admission to medical course.

02 Sep. 2017


Kollam: Finally, Chief Minister Pinarayi Vijayan came to the aid of Revathi. Pinarayi directly intervened to remove the obstacles before the student f...

Read more at:

Nigeria: 4 men arraigned for stealing cashew nuts

30 August 2017

Two men stole cashew nuts worth millions of Naira they were meant to deliver.

Four men on Wednesday, August 30, 2017, were arraigned in an Ikeja Magistrates’ Court for allegedly stealing 356 bags of cashew nuts.

The cashew nuts belonged to a businessman by the name of Tajudeen Salimon, and they were reportedly worth N25 million.
The four men Azeez Raimi, 35; Olufemi Kayode, 34; Adeboye Bakare, 46; and Tunde Hassan, who live in Agege, Lagos, were charged with conspiracy, stealing and receiving stolen goods.
Inspector Simeon Imhonwa who is the prosecutor told the court that the men committed the offence on March 17, at Ijora Badia, Apapa, Lagos.
He alleged that Raimi and Kayode who were working as drivers for the complainant ran away with 356 bags of cashew nuts, which they were supposed to deliver to a customer.
Imhonwa claimed that the drivers, diverted the cashew nuts to another part of town, where they were met their co-conspirators, Bakare and Hassan.The Inspector said that the customer of the cashew nuts alerted Tajudeen Salimon when he did not receive the cashew nuts.
When Salimon later discovered that his drivers had stolen his nuts, he went straight to the police and the accused were found and arrested.
The men have plead not guilty to the charges.
The Chief Magistrate, Mrs B.O. Osunsanmi granted the accused men bail in the sum of N500,000 each with two sureties each in like sum.
The case was adjourned until September 20, 2017.

Vietnam: Cashew sector may miss export target

29 August 2017

Vietnam may not reach this year’s targeted cashew export value of 3.3 billion USD, due to a shortage of raw materials for cashew export processing.

Cashew sector may miss export target, vietnam economy, business news, vn news, vietnamnet bridge, english news, Vietnam news, news Vietnam, vietnamnet news, vn news, Vietnam net news, Vietnam latest news, Vietnam breaking news
Vi​etnam may not reach this year’s targeted cashew export value of 3.3 billion USD, due to a shortage of raw materials for cashew export processing.

Ta Quang Huyen, vice chairman of the Vietnam Cashew Association and general director of the Hoang Son I Co Ltd, stated that Vietnam’s cashew exports in the first seven months of this year have reached a total value of 2.6 billion USD.
The domestic cashew industry must import about 300,000 tonnes of raw materials for export processing, to reach its targeted export value of 3.3 billion USD for the entire year, Huyen added.
However, the cashew crop season in West Africa has already ended so the available supply of raw materials from this region will not be too significant, making it difficult for the domestic cashew processing industry, he further said.
“In the first seven months of this year, Vietnam’s cashew processing and export enterprises have imported 1.3 million tonnes of raw cashew nuts, 200,000 tonnes higher than in the same period last year,” said Nguyen Hue Chi Thai, a consulting expert at the association.
By the end of the year, the demand for cashew nuts in the world market will increase, especially for Christmas. Therefore, factories will continue to import 300,000 tonnes of raw cashew for processing and export to many countries, such as Libya, Mozambique, Tanzania and Indonesia.
However, due to unusual weather conditions, many African cashew growing countries, such as Libya, have reduced their cashew output by 250,000 tonnes, so the two main regional suppliers of raw materials for the industry are Tanzania and Mozambique.

Indonesia will also supply 200,000 tonnes for the world market, but at higher prices, at 2,500 USD per tonne, compared to raw materials from African countries, so local businesses will have to calculate the cost of importing raw materials from Indonesia.
Cashew sector may miss export target, vietnam economy, business news, vn news, vietnamnet bridge, english news, Vietnam news, news Vietnam, vietnamnet news, vn news, Vietnam net news, Vietnam latest news, Vietnam breaking news

India: Explore ways to make cashew farming sustainable: Suresh Gopi

29 August 2017

Actor Suresh Gopi MP interacting with an inmate of Sneha Veedu, a daycare of persons with intellectual disabilities, at Ambalathara in Kasargod on Monday | Express

KANHANGAD : The Union government will bring out an alternative plan to make cashew nut farming sustainable, said actor and Rajya Sabha member Suresh Gopi.
“It is not acceptable to put human lives at risk to promote cashew farming. We should explore alternative farming practices,” he said.
Suresh Gopi said he had raised the issued with Union Finance Minister Arun Jaitley and Commerce Minister Nirmala Sitharaman. “I am expecting a government plan to support the farmers within a year,” he said.
Suresh Gopi was speaking after dedicating Sneha Veedu, a daycare for people with disabilities, at Ambalathara on Monday. Revenue Minister E Chandrasekharan inaugurated the facility.
He said the government’s help was not always required to realise such projects. “People can join hands and realise the project. Sneha Veedu is an example,” he said.
The actor helped to secure Rs 25 lakh from the Dubai-based Varkey Foundation as seed money for the project, initiated by Sahitya Vedi, the literary club of Nehru Arts and Science College in Kanhangad. 
“This is the eighth house of the club built in association with Suresh Gopi,” said writer Ambikasuthan Mangad, the president of the club, who made an initial contribution of Rs 40,000 from the royalty of his book ‘Enmakaje’.
Kanhangad-based Kasturba Mahila Samaj donated 10 cents of land for Sneha Veedu and the foundation stone was laid in 2015. Colleges students from across the state contributed their time and money to the cause. The daycare will be the new home of 12 people with disabilities, already under the care of anti-endosulfan activists Muneesa Ambalathara and Ambalathara Kunhikrishnan. They had been running the home for the past three years in a rented house with the support of civil society, with the support of actor Kunchacko Boban and documentary maker Dr Biju.


Tanzania: All Idle Cashew Plants for Revival

28 August 2017

Exports of raw cashew nuts will soon cease, thanks to the arrival of Vietnamese firms that have expressed interest to revive all idle factories and construct many more.
According to Industry, Trade and Investment Minister Charles Mwijage, Tanga region will be the first beneficiary under the envisaged distribution of agricultural inputs, training of citizens on modern cashew nut production systems and job creation.
Available data show that about 90 per cent of Tanzanian cashew nuts is exported to India in raw form, with the small portion, less than 10 per cent, processed in the country.
The country has huge potential of expanding production and increasing productivity as well as adding value of the cash crop beyond the current 10 per cent, making use of byproducts, as well.
Mr Mwijage, speaking in Dar es Salaam during the final preparations for a business delegation to India, said: "The coming of Vietnam is a result of improved investment environments... we do expect many more investors."He said after Tanga, the Vietnamese investors would go to Lindi, Mtwara and other areas, training and encouraging Tanzanians to produce cashew nuts.
The business delegation, with representatives from 17 companies, left the country on Saturday for a two-day workshop that ends tomorrow, aimed at, among other things, to strengthen trade cooperation between the two nations.
The minister said the relevant investment authorities, including Tanzania Investment Centre (TIC) have been improving investment parks, countrywide, to avail potential investors with many options to invest.
The investment park setting has been executed under the supervision of Regional and District Commissioners, said Mr Mwijage, adding that investment areas are already available in Dar es Salaam (Kigamboni), Ruvuma (Songea), Coast (Bagamoyo) and Singida.
Investors will only be subjected to practise levelling in term of setting water, electricity and other simple infrastructures in line with the nature of investment, the Minister said, adding: "Our experts, especially those from Export Processing Zone will use the workshop in India to promote the available investment opportunities in the country."
Meanwhile, Mr Mwijage has appointed Dr John Mduma as acting Director General of the Fair Competition Commission effective today. Dr Mduma who is Senior Lecturer of the University of Dar es Dar es Salaam's Economics Department replaces Dr Frederick Ringo whose term has expired.

Côte d'Ivoire / The cashew producers trained on diseases and pests of orchards

Korhogo, August 30 (PIA) - 

After the theoretical teaching, learners were taken to a cashew tree to confront their new knowledge to the field reality

A little over 100 cashew farmers from the town of Korhogo were trained for the first time Tuesday to recognize and effectively treat diseases of orchards and insect pests. Since the implementation of the reform of the cashew sector, training of producers focused on the creation and maintenance of orchards and harvest and post-harvest operations, does one note. This initial training, to enable producers to recognize and effectively treat diseases and pests that attack their fields, was initiated by the Board of cotton and cashew (CCA), as part of its actions to improve the quality product and increase the amount of Ivorian Production ...

Read more:


Chủ Nhật, 27 tháng 8, 2017

India: Happy Onam for cashew workers

25 August 2017

Workers to get 22 per cent bonus, including ex-gratia.

Cashew workers (Photo: DC/File)
Cashew workers (Photo: DC/File)

KOLLAM: The cashew workers will get  22 percent bonus, including an ex-gratia of two percent, this time.  The employees who remain jobless with the closed factories will be provided with an interim relief of Rs 2,000 and free ration of 10 kg rice for the festival season.   This was decided at a meeting held by the  Industrial Relationship Committee (IRC) here  on Thursday. The meeting was held for the  third time after  the last two meetings had failed to reach a consensus. The trade unions had also demanded increasing the bonus advance to Rs 10,000 from last year’s Rs 8,500, which was hiked to Rs 9000.
As over 30 percent  of the private factories still remain closed, the trade unions had demanded interim relief and free ration to the jobless workers. Last year, the workers were given 20 percent bonus while  it was 20 percent with 2.5 percent ex gratia in the preceding three years.  The employees received Rs 8,500 as bonus, advance payment of Rs 100  and two holiday salaries, making it  Rs 9,100. The criterion for bonus was 75 percent attendance. There are over  1.10 lakh cashew workers in the state while over 40,000 employees remain jobless due to the closure of the factories.
“Considering the crisis in the  industry, we have agreed upon these terms. The workers will get a minimum bonus equal to the wages of three  months and 12 days. This was approved in the meeting attended by labourers, cashew factory management, and the government representatives,” cashew workers’ centre (CITU) general secretary E. Kasim told DC. The chief executive officer has announced the payment of pension dues of the Kerala cashew workers welfare board.  The pension for the last seven months from February in the district has been sanctioned. Each member will get Rs 7,500 as the pension  under the welfare board.

India: ESI medical college to start operations today

23 August 2017

The Rs 500 crore medical college has set up the basic departments for treatment and education.

The Parippally ESI Medical College.
The Parippally ESI Medical College.

KOLLAM: Classes for the first year MBBS batch of students at the Parippally ESI Medical College, which recently got approval from the Medical Council of India, will start on Wednesday.  The Rs 500 crore medical college has set up the basic departments for treatment and education. Meanwhile, the issues pertaining to ESI quota still remain unresolved. “The hospital has all the basic departments including departments for medicine, gynaecology, surgery, orthopaedics, respiratory, dental, and transfusion medicine. It also has fulfilled the norms to provide classes for MBBS students. The hospital can accommodate as many as 500 beds for inpatients.
“We have nearly 1,500 outpatients visiting the hospital on a daily basis,” principal Dr Sara Varghese told this newspaper. The Lodha Committee had given nod for starting admissions to 100 MBBS students with the medical college during the academic year 2017-18. The MCI and the Central government had earlier denied permission to give approval for admissions at the medical college which was revoked by the Lodha committee. The committee has given approval based on condition that the state government should submit an undertaking showing that the compliance report given by the government rectifying all issues found by the medical council. The college has a total of 100 seats out of which 15 are all India quota seats, 35 ESIC quota seats, and 50 state quota seats.
Meanwhile, the wards of cashew workers could not avail admission under the ESI quota owing to the norms put forward by the ESI corporation.  ESI norms state that the parent of the student to avail the quota should have a minimum attendance of 78 working days in 10 contribution periods of six months each, from April 1, 2012 to March 31, 2017. Several of the factories run by the Kerala State Cashew Development Corporation not even had a total of 78 working days in six months for the workers to get bare minimum attendance to be eligible for the reservation.

Nigeria: Businessman in court for bolting with client’s N11.5m

25 August 2017

A businessman, Emmanuel Enamue, 32, was on Friday arraigned in an Ikeja Magistrates’ Court for allegedly obtaining N11.5 million from a company on the pretext of supplying 30 tons of cashew nuts.
The accused, a resident of Okokomaiko area of Lagos, is standing trial on a three-count charge of conspiracy, stealing and obtaining under false pretences.
He, however, pleaded not guilty to the three counts.
The police prosecutor, Insp. Simeon Imhonwa, told the court that the accused conspired with others now at large to commit the offences on April 10, at Union Bank Plc., Okokomaiko Branch, Lagos.
Imhonwa said that the accused obtained N11.5 million from the complainant, Young Import and Export Company, on the pretext of supplying 30 tons of Cashew nuts, a representation he knew was false.
He said that Enamue, who had no intention of supplying any cashew nut to the company, absconded with the money.
Imhonwa said the company did not get any feedback from the accused, and so, became worried and decided to confront him.
The prosecutor said that when the complainant demanded from the accused the 30 tons of cashew nuts, he started making up flimsy excuses.
He said the company later  got tired of Enamue’s excuses and reported the matter to the police, which led to his arrest.
The offences contravened Sections 287, 314 and 411 of the Criminal Law of Lagos State, 2015.
The News Agency of Nigeria (NAN) reports that Section 287 prescribes three years imprisonment for stealing, while Section 314 stipulates 15-year jail term for obtaining by false pretence.
The Chief Magistrate, Mrs B.O Osunsanmi, granted the accused bail in the sum of N1 million with two sureties in like sum.
Osunsanmi said that the sureties must be gainfully employed and should show evidence of two years tax payment to the Lagos State Government.
She adjourned the case till Sept. 14 for mention.

Ghana: Time for Ghana to cash in on cashew

24 August 2017

Available statistics indicate that cashew is easily the most prospective, if not already the leading non-traditional export revenue earner in the country.
There is therefore the need for the executive and all stakeholders to work together to promote the growth of Ghana’s fledgling local cashew industry.

Undoubtedly, the cashew value chain brings a wide range of opportunities from production, through processing to the export of raw nuts.
Thus, it is necessary for the government to put in place policies that would make the sub-sector attractive and transform it into a more relevant player in the new agenda for rapid economic transformation and development.
In that regard, we need to take proper account of what we so hastily and so casually refer to as Ghana’s cashew industry.
Cashew sub-sector today
It is estimated that more than 300,000 farmers are directly engaged in cashew cultivation, generating a chain of ancillary employment for about 200,000 people who work as buying agents and dealers, transporters, retailers etc.
Ghana’s cashew industry ranks high among the most competitive and efficient in Africa.
Presently, the average Ghanaian farmer gets something between 75 and 80 percent of value realisation as against 55 and 60 percent achieved by farmers in neigbouring countries like Cote d’Ivoire and Nigeria.
In spite of this, our cashew sub-sector itself is dominated by smallholder farmers who own and till up to nearly 90 per cent of the cashew farms in the country, with average farm sizes ranging from 0.8 to 0.3 hectares.
As in all subsistence farming practice in Ghana, most of these producers rely on family labour, or sometimes hired labour, for most of the work on their farms.
The much larger and more commercialised farmers account for only 12 percent of cashew farms and these operate farm sizes ranging between 4 and 40 hectares.
That the industry is capable of providing a permanent means of livelihood for more than one million families is a testament which logically warrants that cashew be designated as a strategic crop, requiring collective and well-orchestrated attention and support.
Processing capacity
The cashew industry in Ghana currently consists of 13 processing companies with a total installed capacity of 35,000 tonnes per annum.
All, but one of the 13 plants are small scale and sadly enough, only three of them are currently in business – and even so, operating at less than 40 percent of their respective installed capacities.
In spite of the much touted conducive business environment in Ghana, it has been established beyond doubt that the cost of processing cashew in the country is prohibitive and is stifling the growth of the industry.
This unfortunate trend is the outcome of the combined effect of a number of factors, including the use of inferior processing technology which results in lower production efficiencies; the use of obsolete processing machines; poor processing infrastructure and transportation system also play a part in the soaring cost of processing.
The result of the high cost of local processing is that, a large proportion of Ghana’s cashew has had to be exported in its raw form, cutting off important job opportunities and income along the value chain.
Another thorny issue confronting the industry is the pricing of raw cashew nuts (RCN).
The price of RCN is not, and cannot be arbitrarily fixed or dictated as certain local buyers erroneously agitate for, as though Ghana were the sole producer of cashew for the rest of the world! RCN pricing is decided globally, based on the dynamics of supply and demand as influenced by large RCN origins like Guinea Bissau and Cote d’Ivoire and large processing countries like Vietnam and India.
Way forward
Some operators have pointed to subsidisation of the local price of RCN to enable processors procure more and keep in business.
But one may wonder whether this is the wisest way to go! It is the view of many observers of the industry, that it will be a disastrous disincentive to the sub-sector to attempt to subsidise the pricing of raw cashew nuts in order to beef up processing while the existing processing infrastructure is known to be moribund and uncompetitive.
To drive the sub-sector forward, the major challenge confronting us and the government, it appears, is to ensure that processors lagging behind are supported to be efficient to be able match up with other processing locations in the country.
Indeed for the cashew industry to grow expeditiously, care ought to be taken so that the country does not fall for the temptation of mollifying certain influential players along the chain by imposing lower prices for raw cashew nuts or even imposing undue taxes on raw cashew exports. Why?
The answer is simple. Because either way, it is the most important cog in the cashew value chain – the farmer - who will suffer.
If prices are artificially imposed for instance, farmers and entire cashew farming communities cannot realize desired benefits from their labour and would naturally turn to other avenues for more rewarding means of livelihood.
Eventually, our cashew sub-sector could be wiped out altogether, along with its prospects for job creation, sustainability of farmer livelihood and the handsome receipts we are already making in foreign exchange earnings for Ghana.
The farmer’s know-how, capabilities and well-being remain fundamental to the quest for building a truly competitive sub-regional hub for cashew production in Ghana.
To ensure that the farmer gets the maximum benefit from his business and engender further investment in crop growth, it is imperative that we allow the industry to function in a non-restrictive field and encourage stakeholders to adopt and apply progressive market-sensitive modules.