TANECU LTD is the short term of Tandahimba Newala cooperative union which was registered in 1995 under the Co-Operative Societies Act of 1991 with registration number 5512 and changed its registration number to be 5569 in 2008. TANECU LTD has 183 Agricultural Marketing cooperative Societies (AMCOS) representing Cashew Nuts Farmers of Tandahimba and Newala Districts. It is also having over 400 cashew nut farmers.
Tandahimba Newala Cooperative Union (TANECU) LTD was foud in 2008. Registered under the Tanzania Government Cooperative Society Act no. 20 of 2003. It was registered with a registration number 5569. Before, TANECU it was known as Newala Cooperative Union (NECU) that time Newala district covered large area including Tandahimba, when Tandahimba became a district, it was necessary to change the name in order to continue to peform its duty into the two districts and hence it was necessary to change the name from NECU to TANECU LTD and it was in 2008. TANECU LTD has its head office in NEWALA Township, its 140km from Mtwara town and it takes 3 hours by traffic. TANECU functions as an iveranching union for the 185 affiliated AMCOS (Agricultural and Marketing Cooperative Societies) members, which represents approximately 80,000 individual members. All of these AMCOS are active members of the union.
The role of Cashew nuts in Tanzania’s Economy
Agriculture remains the dominant sector in Tanzania in terms of its size, contribution to GDP, generation of employment and export earnings. Tanzania is one of Africa’s largest cashew nut growers. Cashew (Anacardium Occidentale L.), is a well-known species of the Anacardiceae family. The Cashew nut Board of Tanzania (CBT) reports that in 2012 Tanzania produced about 158,000 metric tons of cashew nuts. Of this, 88 % is exported as raw nuts, while only 12% is processed internally, leaving a lot of value added and employment opportunities with the importing countries. Tanzania is Africa’s fourth largest producer of cashew nut, behind Nigeria, Ivory Coast and Guinea-Bissau, and the ninth biggest grower in the world. Cashew nut revenue accounted for about five percent of Tanzania’s annual gross domestic product by 2011/13 season. On the right is the statistics for Cashewnuts production in Mtwara and Lindi from 2014 to 2017