Home Southern Africa Mozambique Mozambique: Cashew Nuts Smuggling Causes 457 Million Meticais Loss

Mozambique: Cashew Nuts Smuggling Causes 457 Million Meticais Loss

Mozambique: Cashew Nuts Smuggling Causes 457 Million Meticais Loss

Maputo — Mozambican government has recorded, over the last three years, the loss of 457 million meticais (about 7.2 million US dollars at the current exchange rate) as a result of cashew nuts smuggling.

According to Roberto Albino, Minister of Agriculture, speaking at the first session of the Cashew Committee, about 35,000 tonnes of cashew nuts were smuggled during the period.

In order to reverse the situation, the minister called for tougher actions against those involved in the illegal trade…

Read more on AllAfrica.com

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