How to buy Corn in Tanzania and avoid scam.
How to buy Corn in Tanzania and avoid scam is one of our most important topics. As a business person looking to import the first concern is not to get scammed. We have heard stories of people getting scammed trying to buy corn from Tanzania. People have lost millions to fraudsters and this is very unfortunate. The government has been doing a lot to crackdown on these fraudsters but they can’t do it all. Buyers have to be careful when making purchases so as not to fall for these fraudsters.
Tanzania remains a great market for corn importers. The country’s production forecast at 12 million tonnes, local consumption at 6 million tonnes, and export estimated at 4 million tonnes with ending stocks at 2 million tonnes. We believe the market underestimated export potential significantly as most importing countries imported materially more than expected. The government production forecast for this period at 15 million tonnes, 3 million tonnes above our forecast, meaning ending stocks could even be bigger. Tanzania National Food Reserve Agency warehouses are stock to capacity.
With all this business going on, there are people who are looking to steal from buyers. They have set up websites where they lure individuals and rip them off.
How to identify corn scammers in Tanzania
The first thing that most scammers do is to impersonate real registered companies. This is because by doing this they cannot be tracked. You might be talking to someone thinking they are real meanwhile they are simply impersonating another.
It is never advisable to buy without visiting the company. Sometimes scammers have offices too and to combat this, send us their information for verification. Ask for their company registration certificate and TIN. We will use this information to tell you if they are legit or not.
Scammers when talking to you are always interested in payment rather than giving you vital information about the business. They will want you to pay even without seeing the corn or checking the warehouse. They will tell you to book an appointment, make a deposit before visiting the warehouse. If you are sensible enough, you will see how impatient they.
The prices offered by scammers are always very low and an easy way to identify them. If a deal seems too good to be true then it is probably a scam.
How do I stay safe when buying Corn in Tanzania
To stay safe when buying corn from Tanzania is very simple. If you are in contact with anyone claiming to sell corn or any other agricultural product, send us their information for verification. We work with most of these companies and can easily distinguish between a fake and a real company.
Our verification process is fast, very effective and in just 20 minutes we will be able to tell you if a company is legit or fake. Once in contact with a company, ask them to give you the following and then send to us:
- A copy of their Registration Certificate
- Their Telephone Number(Not WhatsApp)
With the above information, we will be able to tell you what to expect.
Tanzanian Export has been helping business people for decades and our job has always been to create a fair ground for all. Things are hard as it is and to lose money to scammers can be very traumatizing. Send us an inquiry today if you are looking for how to buy corn in Tanzania and avoid scam.
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