MOROGORO, Aug. 16 -- THE government, through the Tanzania Cooperative Development Commission (TCDC), has suspended insurance cost deductions on tobacco that have been applied by financial institutions through agricultural input loans pending new and mutually agreed framework is established.
Registrar and Chief Executive Officer of TCDC, Dr Benson Ndiege told reporters that the suspension follows numerous complaints received from tobacco farmers regarding the deductions.
He explained that the goal of the Commission, along with the involved financial institutions, is to come together and establish a proper framework that will benefit farmers, unlike the current situation.
“We have taken this step in response to many complaints from...
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