Adopt ‘warehouse receipt system’ in trade, MPs tipped
IN the 2018/19 fiscal year, the cooperative societies in partnership with the stakeholders will be in charge and supervise coffee trade under the “Warehouse Receipt System,” the Parliament was told yesterday. The remark was made by Agriculture, Livestock and Fisheries Deputy Minister, Dr Mary Mwanjelwa, in an explanation that through the system, the crop from the farmers will be collected, milled and then sold at an auction with the supervision of the cooperative unions, Tanzania Cooperative Development Commission (TCDC), Coffee Board and the Board of the Warehouse Receipt System. She said that the government has tasked the TCDC to ensure that such arrangement was carried out professionally and successfully. “This will make the coffee to be bought at competitive prices to benefit the farmers,” pointed out Dr Mwanjelwa, further in a clarification while responding to an inquiry by Kyerwa Member of Parliament (MP) Innocent Sebba. In his basic question, Mr Sebba pointed out that recent