Shadowy firm at the centre of Sh18bn nuts deal

Last week’s announcement that Tanzania had struck a $180(Sh18 billion) million deal to sell 100,000 tonnes of its cashewnut stockpile to a Kenyan company, Indo Power Solutions, was perhaps the best news that the farmers, who had earlier surrendered their crop to the state, received in years.

~ Daily Nation

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Shadowy firm at the centre of $180m nuts deal

Last week’s announcement that Tanzania had struck a $180 million deal to sell 100,000 tonnes of its cashewnut stockpile to a Kenyan company, Indo Power Solutions, was perhaps the best news that the farmers, who had earlier surrendered their crop t...

The East African , Kenya Feb 9, 2019
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Tanzania defends cashews deal with shadowy Kenyan firm

Trade and Industries Permanent Secretary Prof Joseph Buchweishaija, said the track record of the company was not the basic criterion for awarding it the contract to purchase 100,000 tonnes of cashews nuts from Tanzania.

Business Daily Africa , Kenya Feb 11, 2019
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TZ defends nuts deal with Kenyan firm

The permanent secretary of Trade and Industries ministry, Professor Joseph Buchweishaija, said the track record of the company was not the basic criterion for awarding it the contract to purchase 100,000 tonnes of cashews nuts from Tanzania.

Daily Nation , Kenya Feb 11, 2019
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Kenyan firm buys TZ cashews for Sh18bn

Tanzania will earn $180.2 million (Sh18 billion) from its stock of cashewnuts after it entered into an agreement with a little known Kenyan-registered firm, Indo Power Solutions Ltd, for the purchase of 100,000 tonnes of the product last week.

Business Daily Africa , Kenya Feb 4, 2019